Katia Porzecanski reported yesterday that legendary banker Richard Jenrette — he is the “J” in DLJ — passed away, leaving a previously unknown list of 24 rules for, life.
The full list is here, but the following are my favorites:
What I Learned (How to Succeed and have a Long and Happy Life)
Stay in the game. That’s often all you need to do – don’t quit. Stick around! Don’t be a quitter!
Stay informed/KEEP LEARNING!
Study — Stay Educated. Do Your Home Work!! Keep learning!
Cultivate friends of all ages – especially younger
Turn Problems into Opportunities. Very often it can be done. Problems create opportunities for change — people willing to consider change when there are problems.
Be on the side of the Angels. Wear the White Hat.
Have a fall-back position. Heir and the spare. Don’t leave all your money in one place.
Learn a foreign language.
Don’t criticize someone in front of others.
Don’t forget to praise a job well done (but don’t praise a poor job)
Keep your standards high in all you do.
Good advice for anyone . . .
Legendary Investment Banker Richard Jenrette Left These 24 Rules for Success.
Bloomberg, May 1, 2018