Just bought the audio version yesterday, so haven’t listened to much. But the opening scene re the delivery boy is interesting. The book takes the story a bit further with Mack telling the trader he’ll be fired if this ever happens again.
How Mack dealt with the trader who disrespected the delivery man -
Short VideoBook summary (from publisher):”During his thirty-four-year tenure at Morgan Stanley, John Mack’s goal was to build the strongest and most productive team on Wall Street. His ability to motivate his employees to do their best work, especially in times of crisis, was fostered by his willingness to slash through bureaucracy and stand up to powerful interests. A forceful personality, one journalist said Mack was “described as ‘charismatic’ so regularly that it could be part of his name.” In Up Close and All In, Mack traces his personal journey from a one-stoplight North Carolina mill town to a fortieth-floor corner office on Wall Street—and shares the life lessons he learned along the way.”-
BTW - If you haven’t read CNBC’s Bob Pisani’s “Shut Up and Keep Talking” I’d recommend it as an enjoyable read and a half-decent look at the investment process. Pisani does a great job narrating the audio edition himself (a rarity).
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And I have thoroughly enjoyed the Ray Dalio book mentioned by
@davidrmoran in OT earlier. While mostly unflattering, Dalio does seem in the end to undergo redemption and devote his life and money to causes that benefit mankind. Perhaps unanswered is the motivation for the change. Through most of the book (based mostly on undocumented hearsay from those who worked with him) Dalio appears a party-loving self-absorbed egomaniac who reveres and preaches the work / life / investment “principles” (dogma) that constantly emanate from his mind. A difficult person to work with. Often inconsiderate of employees and others.
Here’s the link to David’s original post:
https://mutualfundobserver.com/discuss/discussion/61679/they-ve-got-more-money#latest
