Weinberg’s rise was inexorable. Early on, he was asked to carry a flagpole on the trolley uptown to the Sachs family’s town house. The door was opened by Paul Sachs, the grandson of the firm’s founder, and Sachs took a shine to him. Weinberg was soon promoted to the mailroom, which he promptly reorganized. Sachs sent him to Browne’s Business College, in Brooklyn, to learn penmanship. By 1925, the firm had bought him a seat on the New York Stock Exchange. By 1927, he had made partner. By 1930, he was a senior partner, and for the next thirty-nine years—until his death, in 1969—Weinberg was Goldman Sachs, turning it from a floundering, mid-tier partnership into the premier investment bank in the world.
The Uses of Adversity | Can underprivileged outsiders have an advantage? - Malcolm Gladwell

41 Notes/ Hide

  1. jeremyau reblogged this from moneyisnotimportant
  2. fghtffyrdmnsss reblogged this from moneyisnotimportant
  3. salientverses reblogged this from moneyisnotimportant
  4. effectively-successful reblogged this from moneyisnotimportant
  5. isthisreallife9 reblogged this from moneyisnotimportant
  6. spareunderthemattt reblogged this from moneyisnotimportant
  7. himinalism reblogged this from moneyisnotimportant
  8. mdiabi reblogged this from moneyisnotimportant
  9. minigigi reblogged this from moneyisnotimportant
  10. namosays reblogged this from moneyisnotimportant
  11. doctorscientist reblogged this from moneyisnotimportant
  12. pleaseshowmehowtolive reblogged this from moneyisnotimportant
  13. prettyelaine reblogged this from moneyisnotimportant
  14. moneyisnotimportant posted this