Alan Waxman

You have five things or three things on your list you need to improve.

You knock down 70% of them.

That's part of your toolkit.

You leave the ones that you didn't knock down for the next year.

Those go to the next year and then you add two more.

I talk about future self all the time.

You go through that process.

You do that for 20 years and you're deliberate about it and you keep notes like you do on the yellow notepad and you're intentional about it.

Those people, by the time they get to 20, they're going to be optimizing their return on time because there's such a wide toolkit.

And by the way, the corollary to that is allows them to spend more quality time with their family and their kids.

Oftentimes, people try to skip steps.

And the whole purpose of these personal business plans is the intentionality to really knock them off and be deliberate.

You're not on an island.

You're in partnership with whoever your leader of that particular investment platform is.

And that's how we think about it.

We say, look, shoot high.

Because if you're doing 100% of your plan of what you're trying to work on, you're probably not aiming high enough.

But try to knock down 75% and keep adding to it.

And you'll wake up one day and your future self will thank you because you get to spend more time with your kids and go to all their sports games like I do today.

Is the retention crazy high at Sixth Street?