A biography for Sallie Krawcheckhasn’t been written yet.
“The research indicates that when we women invest, we women do tend to be more patient, take a longer-term perspective and as a result of it, tend to be better investors than men. But the messages we get are that investing is sort of 'the guys' world.'”
“In the old world of business, there was often just one seat at the leadership table for women, two at best. That meant that only so many women could advance. But in a world where women recognize the power that they own - and where technology can upend the traditional rules of engagement - one woman winning doesn't mean another loses.”
“I've managed many people in my career. I've managed very diverse teams. And it's interesting because what I've found over time is that when it would come to bonus time or raise time, I would hear from the gentlemen, 'I want to make X.' I don't think I ever heard from a woman who worked for me, 'I want to make X.'”
“My kindest interpretation of my younger self is, 'Boy, was I busy.' I had two kids, a husband, two stepkids. I mean, how many darn things can a person do at the end of the day?”
“My low point was after being reorganized out of running Merrill Lynch. That dismissal deeply contradicted my sense of fairness, since, at the time, my team and I had done what we were brought in to do: We had turned Merrill Lynch around from the depths of the financial crisis.”
“We shouldn't think anyone needs a Ph.D. in advanced investing in order to begin to invest.”
“I hated being a junior investment banker. I loved the research business, the wealth management business.”
“Recognize that the issues we face as women advancing in business are issues my grandmother would have loved to have had. And fight the good fight nonetheless. For yourself and your peers - but also for your daughter, when it's her turn.”
“If you aren't committed to diversity of thought, you have no business launching a startup.”
“Investing isn't a game to be won. At the end of the day, it's a way to achieve your big goals, like buying that home, starting that business, and retiring on your own terms.”
“If you are going to fire this person or hire that person, do it all in a concentrated period. The Band-Aid gets ripped off, and everybody goes back to work.”
“In terms of challenges, I think finding the right people to maximize the chances the business will succeed is the hardest thing. You can crunch the numbers any way you want, but at the end of the day, you really need good employees and investors - and they aren't always easy to find.”
“We all know money is power. And women won't be equal with men until we are financially equal with men. Getting more money into the hands of women is good for women, but it's also good for their families, for the economy, and for society.”
“Starting a business from scratch and having little money in the bank focuses your mind in a way that running a multibillion-dollar business never does. It brings the key drivers of performance into sharp relief. I promise.”
“I have a very simple point of view, which is, I'm going to be alive for some amount of time; I don't know how long that's going to be. Then I'm going to be dead for a really, really long time. Right? You need to squeeze everything you can out of this time when you're alive.”
“You may find it more relaxing to work with people just like you, but entrepreneurship is about finding new approaches to problems, and discomfort can be an important part of that process.”
“Assume the best intent in others around you. You will often be right, and even when you're not, people can rise to your view of them. Not always, but enough that I believe it's worth it.”
“I never talk about my money! It is interesting how awkward it is to talk about it, even though I talk about it in the abstract every day.”
“There are a lot of things in business that are completely out of your control, but hard work isn't one of them.”
“Whenever you start a new business, the sheer number of variables at hand makes failure a constant possibility.”