By Tiberiu Toader ’15 (Kellogg-WHU)
Asked about the keys to investment success, Warren Buffett once said:
“Rule No. 1: Never Lose Money. Rule No. 2: Never Forget Rule No. 1.”
For most of us, with a decade or more of corporate experience building our careers, this means finding safe, secure, solid investment opportunities. Ask any responsible investment broker, and they’ll probably agree you should:
- Build up a well-diversified, worldwide spread stock and bond portfolio at the lowest cost possible ideally, through ETF funds offered through Vanguard, iShares, etc., which for instance replicate the MSCI index
- Potentially add a bit of leverage by exposing oneself towards real estate by taking out a mortgage
- Build-up a cash position so you can cover 6 months net salary – just in case you find yourself between corporate jobs
Do all this, according to conventional wisdom, and Warren will grade your investment homework with a solid “A” making you feel great during breakfast, while studying the financial section of your local newspaper. Be patient — ride the ups and downs — and you won’t lose money.
But the safe conventional way may not be the best way to grow your wealth. Continue Reading
Shelly Mod Hoyal with her iAngels co-founder, Mor Assia.
Israel has more startups per capita than any other country, yet the thriving startup scene, sometimes referred to as Silicone Wadi, has less venture capitalists and angel investors than its American, European and Asian counterparts.
Shelly Hod Moyal ’13 (Kellogg-Recanati), co-founder of equity crowdfunding platform (next generation VC) iAngels, is on a mission to change that. Continue Reading
by Dr. Kathryn D. Bass, M.D.
A few years ago, my oldest son was appalled to learn that after 15 years of practice, I was making the same salary as more junior male surgeons who had significantly less experience.
As I thought about his reaction, I realized that I was a part of the problem. I had administrative accomplishments, financial impact, and “Top Doc” peer ratings, but I had to take a harder look at my own expectations and what I was signaling. Continue Reading
Sometimes, people mess up. Signals get crossed. Miscommunications occur. Clear goals aren’t set.
But when it comes to managers, those mistakes can result in derailment, said Carter Cast ’92, a clinical associate professor of innovation and entrepreneurship at Kellogg.
“What is derailment?” said Cast. “It occurs when a manager [who] is expected to go higher plateaus, is fired or demoted and doesn’t achieve the expected level of achievement.”
Cast, the former CEO and President of Walmart.com, further delved into career derailment and ways managers can prevent it as part of the Kellogg Insight Live Faculty Sessions held this past May at Reunion 2015.
Read the full article here.
Cesare Mainardi spoke about lessons learned at Kellogg and shared lifelong career advice at the 2015 Executive MBA Commencement.
Cesare Mainardi ’86, CEO of Strategy& (formerly Booz & Company) presented the keynote address at the Executive MBA Commencement on June 13, 2015. Read his full address below, learn more about his Kellogg journey in an exclusive interview. or relive the excitement in the EMBA Commencement Storify.
Let me add my own congratulations to the EMBA graduates of June 2015.
You have accomplished the extraordinary:
- managing a demanding workload at your job…
- …while dealing with pressing family obligations…
- …all while meeting the academic requirements of the world’s best business school.
I commend you. I especially salute—as Sally did—the unsung heroes in the audience—the husbands and wives, parents and children and bosses and employees—who made this day possible. Continue Reading
Cesare Mainardi ’86, CEO of Strategy& (formerly Booz & Company), is one of today’s foremost thinkers in business strategy. But when he started at Kellogg, he was a self-described “uber-engineer” who lacked the managerial insight to drive a business.
Mainardi plans to share his advice with graduating EMBA students this Saturday, June 13. In advance of his remarks, he shares his career journey thus far. Continue Reading
In the United States, women represent just 17% of the boardroom.
For a woman seeking to get a leg up on the competition, an executive MBA program can provide the momentum needed to move from capable manager to C-level leader. Not only does an EMBA refine existing skill sets and grow new abilities, it leads to greater confidence and a higher aptitude for leading teams.
We asked female executives in our Executive MBA Program to share their career and leadership advice. Continue Reading