“The universe unfortunately has a way of course-correcting. You don’t do it because you choose to, you do it because you’re supposed to.” - Ms Hawking, Lost Episode “Flashes Before Your Eyes”
Yeah, I watched a lot of Lost during my forced rest and lethargic days the last couple weeks. I do believe it’s the best television in the history of the medium. And I don’t say that lightly, as I love me a lot of TV shows.
At any rate, let’s get on point here. I’ve been asked a variant of this email’s topic a lot over the last few years while I’ve been honored enough to write for the Financial Times and TheStreet.com while I was running money:
Mr Willard:
My name is Preston and I am 23 years old. I am interested in
getting into [the business of] the market/stocks. What is the first step I need to take?
Thank you for your time,
Preston
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It’s similar to the advice I always give anyone who asks me what they should do at a career crossroads - the success you’ll have is wholly contingent upon the day to day performance, the long term vision, and the execution thereupon. Go forward.
You want to come to Wall Street? Move here and get started. You want to trade stocks? The great part of this business is that they will pay you a lot of money very quickly to apprentice you if you’ll prove that doing so helps make them a lot of money. You wanna get into an Internet company? Oil company? Writer? Go forward and then you’ll have to deliver each and every day.
Anyone who’s succeeded in business will tell you about how many thousands of times they’ve done a certain task — personally, I’ve cleaned thousands of cages, shot thousands of free throws, run thousands of lines, steamed thousands of lattes, traded thousands of stocks, written thousands of articles…you get the point.
You’ll have to pay dues like sleeping under your desk, which I’ve done more than a few times in EVERY SINGLE JOB I’ve had since I moved to NYC. (Well, except now that I have to care if I look all rested as part of my job which is weird in a vain way or vain in a weird way. But that’s off point.) You’ll have to overcome setbacks. Like the one I’m overcoming right now with having found half my face frozen in place one day (basically mid-show on national TV, btw, which is brutal in an existential way or existential in a brutal way).
And this ain’t nothing to overcome, really, you know? It could have been so much worse. Which is part of the point of this post, as you do know if you’re paying attention.
As Andrew Lanyi, my first boss on Wall Street, whom I only met after faxing his office my resume and calling once a week for five weeks straight, used to say, “What business are we in? We’re in the results business.”
The universe is as self-correcting as your day to day actions make it.
And on that note, as you might have seen if you happened to catch Happy Hour tonight…I’m back. Moving forward, full speed even at about 90% health, which not coincidentally is reflective of the 90% right side facial muscle control I have. The good Dr. Seigel says my recovery has been shocking and I’m so thankful to him and his team for the quick response and treatment they’ve got me on.
I should be back 100% within another couple weeks, which means my new full speed is going to be even faster than what I used to call full speed (”These go to 11″, and since I just recently had a literal spinal tap, I’d be remiss not to use that one, huh?). I told you I couldn’t be stopped. Going forward is key. And executing again tomorrow.