Senior Wall Street leaders share their best pieces of advice for newer executives on how to climb ranks: David Kostin, chief US equity strategist at Goldman Sachs, suggests young people to prioritize physical attendance at work; CIO and chief US equity strategist at Morgan Stanley, Mike Wilson, advises newer executives to be firm on their opinion whether it is wrong or right and to be willing to take the risk on it; CIO of global fixed income at BlackRock, Rick Rieder advices young people to analyze how robotics and Artificial Intelligence (AI) might look at our economy in the future as the biggest firms in the world are investing more into AI development and hence, the job market and opportunities would change; chief US economist at Bloomberg Economics, Anna Wong advises newbies to be curious and investigate before coming to a conclusion; Michael Feroli, the Chief US economist at JPMorgan advises young people not to give up on their job and put their full attention to it even though it might not be what they had always wanted, which will eventually lead them to brighter opportunities; Rob Arnott, founder of Research Affiliates, highlights that one must always question and not accept conventional wisdom as true; and Wei Li, global chief investment strategist at BlackRock, suggests young people to engage in new experiences outside the office to gain wider knowledge and have diverse experiences that will be helpful in the future.
These senior Wall Street leaders have unlocked the secret code to get to the top positions in the industry through their decades of valuable experience and strategies, and hence, their advice proves to be fruitful and effective to the young executives to climb ranks in their respective fields.