One of the most important tasks of a manager is to eliminate his people's excuses for failure.

Over the years, George has been one of the most successful equity portfolio managers in the financial services industry.

Normally, this time of year is good for the market. You have portfolio managers making end-of-the-year moves, you have a global economy continuing to recover, and in the short term, you have some relief that there was no terrorism attack over the holidays.

His desire to focus on specific core funds has given me the opportunity to redistribute assets to managers whose talents warrant larger assignments.

True leadership must be for the benefit of the followers not the enrichment of the leaders.

Consultants are people who borrow your watch and tell you what time it is, and then walk off with the watch.