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A new book by Anthony Scaramucci, leading global alternative investment firm founder with $5.6 billion in assets under management, lets up-and-comers know, greed and lack of ethics are as passé as the three-pound cell phone wielded by Michael Douglas when he played morally bankrupt tycoon Gordon Gekko in the film Wall Street.
In his new book, Scaramucci, who is also technical advisor on the upcoming sequel to the film Wall Street, which spawned the iconic, greedy, Gordon Gekko, focuses on shedding the greed mindset and replacing it with a social as the mechanism for surviving market mayhem.
In Goodbye Gordon Gekko, Scaramucci explores opportunities for leading a rich life in a difficult, radically changed economy. Believing that the financial crisis was caused by a nation of Gekkowannabes, tripped up by status anxiety and egocentric tendencies.
With years of experience at Goldman Sachs, and having co-founded two successful alternative investment management companies, the author provides a behind-the-scenes view of life on Wall Street-the wins and the losses, the rights and the wrongs. He advocates: building a circle of competence made of those you trust, mentoring and celebrating others, and giving back to your community and country, all the while targeting success. It means seeing capitalism as an art and businesses as creations and vocations, not simply as levers to feeding your ego.
Anthony Scaramucci is the founder of and managing partner of SkyBridge Capital LLC which currently has over $5.6 billion USD under its management between its U.S. firm and a new expansion in Zurich. He is a 20-year veteran of Wall Street and former Goldman Sachs Vice President.