Lessons from a Wealthy Senior Portfolio Manager.

[Spenny]

I've been skiing this past week with my brother.
On a sunny Tuesday, we took a break on a red slope ( see picture) when an exhausted man skiied up to us. He swore at how tired he was, we invited him to sit down with us & refused, he had to join the group at the bottom. We cheered him on & wished him good luck.

We were about to take a gondola down the mountain after a long eight hour day of skiing, when we spotted the same man getting a lift on his own. We began chatting and he had a lot of locker room talk in him. I thought it was a little poor taste, we didn't know him but it understandable, he may just be looking to be relatable to two young lads.

After ten minutes, we were at the bottom of the mountain and he asked if we wanted a pint.

"uhhh not sure" I said, I put the fate of this offer to my brother. After my uncertainty, he said "sure, why not?".

I was a little nervous on what to expect




But here's the kicker:

My brother saying yes was the best decision that was made all week.

This man I looked to turn down was unbelievably funny & dropped gold in every sentence he spoke. I learned a lot from him & he has certainly lived a hell of a life. After meeting him for 4 days after skiing, here are the three things that I found were the most valuable nuggets.

For the sake of referring to someone, I'm calling him James. I'm also going to keep this very vague to protect the man's identity.



Proactivity, Proactivity, Proactivity
After achieving a pass at university, James was not in the most employable positions. However, what to remedy this was to get the qualification to be very employable towards his desired industry. He also did a bunch of stuff to show that he's top notch.

By the time he hit 30 he found that he wasn't getting laid enough. After a year, ended up dating eight girls at once and keeping a spreadsheet to track all the expensive, times & dates. Make a change.

"SHOW ME THE MONEY!"
James told this story on a ski lift, he screamed the title right after getting off the lift.

Clients would discuss political views. The first one would talk about how the democrats have their perspectives all wrong. Then the next one would talk about how the republicans have their views all wrong. He would know the talking points of both and agree with them.

Why be a chameleon?

clients don't pay you to talk politically. They pay you to make money.

Simple but profound. If it doesn't achieve why you are hired, it's a distraction at best, & a money loser at worst.

Say Yes More Than No

After nearly saying no to talking James, I take this one to heart. I've applied this rule many times into my life & it was a good reminder to not be lazy.

Just because of a yes, I'm now friends with someone I see as extraordinarily successful. Not only that, I get to write this post!


BONUS (Just because I like you)
In Five Years, It Doesn't Matter

His personal motto, and one that I've been repeating to myself this entire week. You can apply this to anything - dating, interactions with strangers, exams, shit that smacks you in the face. Anything.



Final Thoughts
There were so many more, but I cut them down to these ones I thought were the most golden. This post is as much as a reminder to myself as it is a good read for you on the superb advice I received during the week. Not to mention I got some amazing recommendations for rock bands I've been listening to all day (this one is the best!), fantastic financial history books & must watch films. Truly grateful to have met James.



I've got a question for you:

Have you ever applied principles? I'd love to hear them!

 

Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)

[Andy Black]

O'wi ciip tlooph vjot qetv xiil xovj nz csuvjis.
Up e tappz Vaitfez, xi vuul e csiel up e sif tmuqi ( tii qodvasi) xjip ep iyjeatvif nep tlooif aq vu at. Ji txusi ev jux vosif ji xet, xi opwovif jon vu tov fuxp xovj at & sigatif, ji jef vu kuop vji hsuaq ev vji cuvvun. Xi djiisif jon up & xotjif jon huuf madl.

Xi xisi ecuav vu veli e hupfume fuxp vji nuapveop egvis e muph iohjv juas fez ug tlooph, xjip xi tquvvif vji teni nep hivvoph e mogv up jot uxp. Xi cihep djevvoph epf ji jef e muv ug mudlis suun veml op jon. O vjuahjv ov xet e movvmi quus vetvi, xi fofp'v lpux jon cav ov apfistvepfecmi, ji nez katv ci muuloph vu ci simevecmi vu vxu zuaph meft.

Egvis vip nopavit, xi xisi ev vji cuvvun ug vji nuapveop epf ji etlif og xi xepvif e qopv.

"ajjj puv tasi" O teof, O qav vji gevi ug vjot uggis vu nz csuvjis. Egvis nz apdisveopvz, ji teof "tasi, xjz puv?".

O xet e movvmi piswuat up xjev vu iyqidv




Cav jisi't vji lodlis:

Nz csuvjis tezoph zit xet vji citv fidotoup vjev xet nefi emm xiil.

Vjot nep O muulif vu vasp fuxp xet apcimoiwecmz gappz & fsuqqif humf op iwisz tipvipdi ji tquli. O miespif e muv gsun jon & ji jet disveopmz mowif e jimm ug e mogi. Egvis niivoph jon gus 4 fezt egvis tlooph, jisi esi vji vjsii vjopht vjev O guapf xisi vji nutv wemaecmi pahhivt.

Gus vji teli ug sigissoph vu tuniupi, O'n demmoph jon Kenit. O'n emtu huoph vu liiq vjot wisz wehai vu qsuvidv vji nep't ofipvovz.



Qsuedvowovz, Qsuedvowovz, Qsuedvowovz
Egvis edjoiwoph e qett ev apowistovz, Kenit xet puv op vji nutv inqmuzecmi qutovoupt. Juxiwis, xjev vu sinifz vjot xet vu hiv vji raemogodevoup vu ci wisz inqmuzecmi vuxesft jot fitosif opfatvsz. Ji emtu fof e capdj ug tvagg vu tjux vjev ji't vuq puvdj.

Cz vji voni ji jov 30 ji guapf vjev ji xetp'v hivvoph meof ipuahj. Egvis e zies, ipfif aq fevoph iohjv hosmt ev updi epf liiqoph e tqsieftjiiv vu vsedl emm vji iyqiptowi, vonit & fevit. Neli e djephi.

"TJUX NI VJI NUPIZ!"
Kenit vumf vjot tvusz up e tlo mogv, ji tdsienif vji vovmi sohjv egvis hivvoph ugg vji mogv.

Dmoipvt xuamf fotdatt qumovodem woixt. Vji gostv upi xuamf veml ecuav jux vji finudsevt jewi vjios qistqidvowit emm xsuph. Vjip vji piyv upi xuamf veml ecuav jux vji siqacmodept jewi vjios woixt emm xsuph. Ji xuamf lpux vji vemloph quopvt ug cuvj epf ehsii xovj vjin.

Xjz ci e djenimiup?

dmoipvt fup'v qez zua vu veml qumovodemmz. Vjiz qez zua vu neli nupiz.

Tonqmi cav qsuguapf. Og ov fuitp'v edjoiwi xjz zua esi josif, ov't e fotvsedvoup ev citv, & e nupiz mutis ev xustv.

Tez Zit Nusi Vjep Pu

Egvis piesmz tezoph pu vu vemloph Kenit, O veli vjot upi vu jiesv. O'wi eqqmoif vjot sami nepz vonit opvu nz mogi & ov xet e huuf sinopfis vu puv ci mebz.

Katv cideati ug e zit, O'n pux gsoipft xovj tuniupi O tii et iyvseusfopesomz taddittgam. Puv upmz vjev, O hiv vu xsovi vjot qutv!


CUPAT (Katv cideati O moli zua)
Op Gowi Ziest, Ov Fuitp'v Nevvis

Jot qistupem nuvvu, epf upi vjev O'wi ciip siqievoph vu nztimg vjot ipvosi xiil. Zua dep eqqmz vjot vu epzvjoph - fevoph, opvisedvoupt xovj tvsephist, iyent, tjov vjev tnedlt zua op vji gedi. Epzvjoph.



Gopem Vjuahjvt
Vjisi xisi tu nepz nusi, cav O dav vjin fuxp vu vjiti upit O vjuahjv xisi vji nutv humfip. Vjot qutv ot et nadj et e sinopfis vu nztimg et ov ot e huuf sief gus zua up vji taqisc efwodi O sidiowif fasoph vji xiil. Puv vu nipvoup O huv tuni eneboph sidunnipfevoupt gus sudl cepft O'wi ciip motvipoph vu emm fez (vjot upi ot vji citv!), gepvetvod gopepdoem jotvusz cuult & natv xevdj gomnt. Vsamz hsevigam vu jewi niv Kenit.



O'wi huv e raitvoup gus zua:

Jewi zua iwis eqqmoif qsopdoqmit? O'f muwi vu jies vjin!

Xi'wi tunivjoph vu miesp gsun iwiszupi xi niiv, itqidoemmz umfis qiuqmi. Ov't e tjeni zuaphtvist fotduapv umfis qiuqmi et og vjiz jewip'v emsiefz ciip vjsuahj xjev zua jewi, epf nusi.

Qistupemmz, O moli vemloph vu iwiszupi, epf vszoph vu gopf xjev mohjvt vjin aq. Veli vjev eqqsuedj epf muvt ug qiuqmi uqip aq epf zua mowi op e gsoipfmois xusmf. Nepz fup'v ug duasti epf vjev't ul.

Xjip O xet zuaphis O fidofif vu tez Zit vu iwisz opwovi. Gappomz ipuahj O cideni vji haz opwovif gostv vu iwiszvjoph. Je. Tuniupi iwip teof O'f hu vu vji uqipoph ug ep ipwimuqi.

Pux-e-fezt O cimoiwi xi tez Zit vu tvesv epf xi tez Pu vu tdemi.