Byron Wien

We'll continue with the list theme today to start a new week.  Investment legend Byron Wien recently discussed his lessons learned from his first 80 years in the investment business.  Here's the list excerpted courtesy again of Pragmatic Capitalism.com:

Concentrate on finding a big idea that will make an impact on the people you want to influence.

Network intensely.  Luck plays a a big role in life.  Meet as many people as possible.

When you meet someone new, treat that person as a friend.

Read all the time.

Get enough sleep.

Evolve.

Travel extensively.

When meeting someone new, try to find out what formative experience occurred in their lives before they were seventeen.

On philanthropy my approach is to try to relieve pain rather than spread joy.

Younger people are naturally insecure and tend to overplay their accomplishments.

Take the time to pat those who work for you on the back when they do good work.

When someone extends a kindness to you write them a hand-written note, not an e-mail.

At the beginning of every year think of ways you can do your job better than you have ever done it before.

Never retire.

Links:  Byron Wien's 14 Lessons {Pragmatic Capitalism.com}
Byron Wien's 14 Lessons {Blackstone}