Tough Love, Hard Bosses

I bounced around from one investment bank to another.

Credit Suisse to Goldman Sachs.

I struggled in my career until I joined a hedge fund as an equity research analyst.

What was the secret to my growth?

A tough boss.

In investment management and in making a movie,

Bosses, analysts, directors, and actors all have the same goals:

• To make money for our clients and ourselves and

• Deliver a strong performance.

So how is a tough boss / tough director a good thing?

Because we don’t know what we are capable of creating.

Until someone pushes us to go where we didn’t think we were capable of going.

Here are 2 examples:

We were involved with a merger arb situation.

There were several companies involved with different objectives and ability to pay.

My boss told me to figure it out.

I was putting something together I didn’t know if I could do.

The flow and the pressure came together.

I could figure out the probability of the outcome.

And the bet paid off, and we made money.

Similarly, 6 ½ years ago,

I was stressed out about my career.

My path forward was unclear, and I had NO sense of direction.

Then one night, my husband and I started to argue about my career.

So he yelled at me:

“You are a F’ing Harvard MBA; figure it out.”

If my husband had told me step by step what to do,

I would not have followed.

The pressure and stress forced me to figure it out for myself.

I took action, which put me on a long journey to start my firm.

If you don’t have a tough boss in your life, how do you find direction?

It can be as simple as self-love, which helps you discover your purpose.

Once you figure out your purpose,

visualize the outcome,

let the grit kick in, which gets you into flow….

Let that be the guide, and continue to grow.

I didn’t understand Self-Love until I stubbled upon the book,

Good Vibes, Good Life by Vex King, but

my deeper study helps me write these posts, and love what I do

which is to serve families and women in transition to manage their wealth and achieve financial confidence and security.

Transition is hard, and it's scary. If you need someone to talk to you, please reach out.

Your Friendly Wealth Engagement Guide,

Tiffany Kent

Tiffany@wealthengagement.com

Disclosures: Past performance is not indicative of future results. This material is not financial advice or an offer to sell any product. The information contained herein should not be considered a recommendation to purchase or sell any particular security. Forward-looking statements cannot be guaranteed.

This commentary offers generalized research, not personalized investment advice. It is for informational purposes only and does not constitute a complete description of our investment services or performance. Nothing in this commentary should be interpreted to state or imply that past results are an indication of future investment returns. All investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to consult with an investment & tax professional before implementing any investment strategy. Investing involves risk. Principal loss is possible.