Outgoing Bridgewater co-CEO Eileen Murray explains how she smashed the hedge fund world's glass ceiling and why her biggest early-career mistake was not asking for help
Murray told conference-goers that "I am definitely going to do something after Bridgewater," recounting how she "was getting itchy" at Thanksgiving thinking about her next move.
To that extent, she is following her own advice for women looking to get into the investment industry. She told students who were thinking about their careers to figure out both what they want to do and what they don't want to do, and make sure to find firms that have leadership that inspires them. She laid out how to move up within a company, distinguishing between a mentor and a sponsor, the latter of which is someone senior to you that will take a chance on you in a new role. She said she had several sponsors that helped her become the controller at Morgan Stanley in her early 30s.
Murray warned students from underrepresented backgrounds about trying to go at it alone, even if there aren't many people who look like them at their company. She said the biggest mistake she made was when she thought she knew everything when she was in the controller role at Morgan Stanley.
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