OK, equation number one: Hard work plus bravery equals success.
However you define success, set your sights high. Be a hard grader on yourself.
When I started in money management, I knew that there were people who add a lot more experience and a lot more knowledge.
And the one thing I knew I can do is outwork them. And I actually did.
If I didn't understand something, I'd ask questions.
If I didn't know how to do something, I'd ask to learn.
Most people don't want to admit what they don't know. I do.
I see nothing wrong with that. I think it's actually smarter.
So, don't pretend that you know more than you do.
In fact, I just tell you I'm jealous of you.
You've got years you can milk because you're new as you go into the work force. So take advantage of that.
At the same time, don't pretend you know less than you do, either.
My first day at Ariel, my boss and mentor John Rogers told me,
"You're going to be in rooms with people who make a lot of money and have huge titles,
and just because you are young and new doesn't mean that you don't have great ideas. I want them."