对冲基金蓝色羽冠资本管理公司（BlueCrest Capital Management）共同创始人迈克尔•普莱特认为，祖母是他能进入股票交易行业的领路人。去年他在接受彭博新闻社（Bloomberg News）采访时说道，“其实，我的祖母一直都是一位很严肃认真的股票交易商。”
莱本索尔公司（Lebenthal & Co.）总裁暨首席执行官亚历桑德拉•莱本索尔的办公桌，就是祖母传给她的，老人家当年每天都要伏案工作。她认为祖母的经验对她应对华尔街复杂多变的局面非常有用。她的祖母赛拉•莱本索尔与丈夫路易斯在1925年共同创办了第五大道市政债券交易公司。她说，“祖母总是满怀激情地做事，从不出岔子。我肯定是遗传了她这一点。”
Some say they use their grandmother's wisdom as a firm foundation for how to behave in the business world. They rely on her principles and ethical standards.
Michael Platt, co-founder of hedge fund BlueCrest Capital Management, credits his grandmother with starting him in stock trading. "My grandmother was a serious equity trader," he told Bloomberg News in an interview last year.
Alexandra Lebenthal, president and CEO of Lebenthal & Co., works at a desk that her grandmother used every day and says that she sees her lessons as useful in navigating Wall Street's unsure waters. "She was very passionate about doing things the right way. I definitely got that from her," she says of Sayra Lebenthal, who co-founded the Fifth Avenue municipal bond trading firm in 1925 with her husband Louis.
Her grandmother would always encourage clients to educate themselves about finance and their investments. "She would always caution people not to live beyond their means, which is important to business as well," Alexandra says. So while other Wall Street honchos talk up a complex new product, if Lebenthal doesn't see it clearly, "at the end, I say no." This bit of wisdom has saved her from investing in some faulty products in recent years, she says.
Tim Sanders was raised by his grandmother, from the age of five until he graduated from high school. Grandma Billye, who is now 96 years old, loaned him $100 to start his first business, a fireworks stand he established in the 8th grade. When he hired friends and gave too much to them, she helped him understand profit margins. "You've got to get better at hiring people," she told him.
Billye showed Sanders the lesson of the pecan -- "eat the nut, dump the shells" -- after he was teased at church camp. They called him squeaker because of his high voice. Billye showed him a pecan and asked him, "Can you eat this thing?" He said, "of course not," and was then told to crack it open. "Every piece of criticism is a pecan," Billye said. "Your job is to crack it open and find the nut and throw away the shell. What can you see that's good? Every piece of criticism is a gift. Every failure is a gift -- if you throw away the shell."
Sanders says that he returns to this notion all the time, as he's promoting his book and seeing reviews or receiving feedback from a speaking engagement. "People are incredibly direct, both negative and positive," he says. Yet the criticism teaches you something you need to know; a lesson learned that would make any grandma proud.