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The bottom line: All of your investing decisions should be grounded in your own investment policy statement. By taking a top-down look at your finances and writing out a road map, your policy statement will add an important element of discipline to your approach.

Lewis Schiff

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Lewis Schiff
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More quotes by Lewis Schiff

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As you climb of the organizational ladder, you have to redefine your role in the value chain from player to captain to coach to manager, and for some, to owner. These are different roles and you won't be able to succeed as a manager when you're acting like a player.
Lewis Schiff
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When I started out, I wanted to have everything solved by the time I was 30. That didn't happen. Instead, I realized that the journey is the destination, that the work.
Lewis Schiff
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One of the easiest ways to solve your problems is to look at how others have solved a similar problem. So, in this regard, we are using the same thinking of others.
Lewis Schiff
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By the time I entered this prestigious high school, my interest in formal education had already been exhausted.
Lewis Schiff
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My fighting spirit has often seemed out of place.
Lewis Schiff
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Still, it formed one of my basic beliefs about success which is this: most of the time, success can be measured in terms of how much more than others you have of something that's in short supply. This includes money, reputation, respect, etc.
Lewis Schiff
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During that time, I began writing and designing the propaganda that we distributed to the students who we were trying to convince to join us.
Lewis Schiff
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I would have to say that my mother's entrepreneurial perspective, and that of her father's, are very evident in my own outlook.
Lewis Schiff
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The problem is not the sentiment, it's the execution. When a company makes a mistake, the individual benefits because they've learned how NOT to do something while the institution had to pay for the mistake.
Lewis Schiff
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The work I'm doing today gets me one step closer to the work I should be doing tomorrow. And that the way I learn this is by trying, failing, networking and experimenting. I'll stop doing that when I'm dead.
Lewis Schiff
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I went to work at political consulting firms, graphic design and communications firms and ultimately, magazines. Today, my career is in the media business. And more specifically, I'm in the words side of the business as opposed to video or music.
Lewis Schiff
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I did in fact take a couple of classes at my local college here in NYC. But I did it unwillingly and without enthusiasm. That is until a protest broke out in the streets around campus against rising tuition costs.
Lewis Schiff
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I also believe that at a critical point (more than six people?), that collective wisdom turns into group think.
Lewis Schiff
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That doesn't mean we should be doing it, though. We should always be carving back those things that are comfortable and institutionalized but not necessarily impactful.
Lewis Schiff
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I believe that only a subset of us is meant to lead. The rest want to follow.
Lewis Schiff
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Because I work with entrepreneurs who own businesses, I have found Doug Tatum's No Man's Land to be a really helpful body of working knowledge. It's very applicable to most businesses that have the usual problems of growing businesses - managing people, capital, markets, etc.
Lewis Schiff
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Apple makes computers and they have to be great at providing the product they promised every individual who wants to purchase from them. This is where they should spend the bulk of their energy.
Lewis Schiff
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I grew up in a modern business environment and did not experience the kind of prejudice that my mother and grandfather experienced.
Lewis Schiff
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While I did complete high school, I would have to say that it was by the skin of my teeth. My education ever since then has been one that I got on the job and I consider myself a very well-educated person at this point!
Lewis Schiff
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I believe in labeling things.
Lewis Schiff