Gerald Sheff, co-founder of Gluskin Sheff, talks about moving from architecture to wealth management and how his training shaped the firm's approach. He argues that sometimes doing nothing beats rushing into action, and credits luck and timing for much of his success.
Today on the Unlimited podcast, we speak with wealth management legend Jerry Schaff. We talk about how being an architect led to the formation of Gluskin Sheff.
I didn't know anything about architecture. I thought, well, it's something I don't know anything about. So I didn't know. I didn't want to be one. So I thought, well, maybe I'll become one. And I did become an architect. They thought I knew something and I didn't tell them I didn't.
Building a differentiated company,
anybody who would call themselves Cadillac is probably, probably a Chevrolet. Doing nothing is often the best thing to do. Okay. Because if you do something, you have to do it right. Twice. You can't time the money.
And the importance of luck and timing to one's success.
Like all things in life, that was accident, luck. So again, we were lucky. Lucky. And again, I'm lucky is a fame here. But like many things in life, some of the best things that happened are just luck. Everything that came before brought me to this good place.
The good, the bad, and the other. Let's go.
That's yours, I think, ira. That is ira gluston calling me right now. And I just