Quotes of All Topics . Occasions . Authors
The role of a board of directors is to be a sounding board for the vision of the company - to hold executives accountable in executing that vision and to ensure a management succession plan is in place.
As citizens, I'm asking you not to leave any child behind. I'm asking you not to be color blind, but to be color brave, so that every child knows that their future matters and their dreams are possible.
We talk about long-term patient investing, and that idea that slow and steady does win the race, that time can be your best friend when it comes to investing. That's why we have a turtle as a logo at Ariel.
I have a strong point of view, and that's a double-edged sword. It can be a phenomenal characteristic in terms of getting things done, but it can also mean I will be relentless in my pushing for my point of view.
I've told stories about people coming to my office and giving me their coats and requesting that I hang them up and get coffee - which I dutifully do. And then I come in and sit at the head of the table. It's awkward.
I know that my life is a miracle and because of that, I can't think my success is because I was so great at this, that or the other. A lot of things happened and came together. A lot of people went out of their way for me.
Sometimes those apartments we lived in weren't finished, sometimes the rooms would be heated by the gas stove, sometimes we would heat our water on hot plates to take baths, and that was very sobering, especially as a child.
I was desperate to understand money. Not to make it, to understand it. I wanted to know how it worked, and I wanted to know so that I would have enough and would be able to make good financial decisions. That led me to Ariel.
Norman Rockwell - even though we think of him as a great American artist, in a lot of museums he has not garnered that kind of attention. And it's this kind of accessibility that we're trying to bring - not looking down on any art.
Now, race is one of those topics in America that makes people extraordinarily uncomfortable. You bring it up at a dinner party or in a workplace environment, it is literally the conversational equivalent of touching the third rail.
I think that's life in general. It's the way it is when we pick stocks, all of them don't always work, so I guess I come to the view naturally. That's just the way life is for human beings so its going to be just as true for policy.
When I wanted the CEO of Starbucks to keep me in mind for their board, I sent him a note rather than calling. I call it dripping: You don't want to be like a faucet full-on; you want to drip just enough that they don't forget about you.
I found my own orthodontist, my own high school. I set up interviews and did college trips. Despite her incredible concern and caring, my mom didn't have the capacity for that. It was outside her experience, and she knew I was on top of it.
I was in the Woodrow Wilson School of international relations and public policy at Princeton. You have to apply to get in, and I did not originally get in. I lobbied really hard and called many people. I just would not take no for an answer.
I think the one thing about the Zoom calls is unlike being in a room with people where you can look away or drift off, I feel like with Zoom, everyone's face is just dead center, head on, there is no drifting. It takes a lot of energy from me.
I grew up in Chicago with a single mother. I'm the youngest of six kids, and my older siblings are much older than me. When your siblings are that much older, you never get to ride in the front seat of the car, you never get the chicken breast.
Now I know there are people out there who will say that the election of Barack Obama meant that it was the end of racial discrimination for all eternity, right? But I work in the investment business, and we have a saying: The numbers do not lie.
My mother always wanted me to be in the best environment that I could be in. She wanted me to go to the best schools. Every now and again she'd save up enough for us to get a nice apartment in downtown Chicago, but we were never able to sustain it.
I believe in civility, inclusion and diversity. I believe that everybody can contribute. I don't believe in labelling and stereotypes. These things are the antithesis of what I believe in and go against everything I love in America. And I do love America.
I can't tell you how many resumes we get from business schools across the country from black women and black men and Hispanic women, men, etcetera, who say I'm interested in working for your company because they can see someone at the top who looks like them.
I'd like to see great textbooks, great opportunities for kids to really understand stock market investing, because at the end of the day, they are going to be all they have in terms of creating a life for themselves, a retirement account, and things like that.
In terms of my profession, I'm passionate about financial literacy. I want to live in a financially literate society. I want kids to understand the importance of savings and investing. I want to try to replicate the great savers who came out of the Depression, the best savers the country has ever seen. It's crucial that people understand the importance of financial literacy, because it's actually life saving.