Alan Waxman

You got to have fun, but the more time you put in now when you don't have a spouse and kids, you're going to basically set yourself up where you can spend more time.

I think some people mortgage the future by having too much fun where you could have a little bit

less fun and spend more time building your toolkit so you could spend more time with your family when it happened.

And that was kind of always a motivation for why I was so focused on those yellow notepads and just that future self and that moment.

Again, just to be clear, because I have friends probably listen, I did have fun, but I was also thinking ahead about that future self.

I want to stay an investor first firm.

Other people in the industry want to be deployment factories.

There's nothing wrong with that.

All good.

But that's not what we want Sixth Street to be.

That's number one.

Number two is culture is everything.

To me, there's two tests I'm going to always run.

One test is that we have an offsite every year in Austin, Texas, where the whole firm comes and I go walk around, I meet a bunch of people and I'm like, did I meet any a-holes?

Did I meet people that don't ask questions or just talk about themselves?

And so far we're undefeated, 16 and 0.

But the other test I'm going to run is when I'm an old man and 80 years old and I come back in the firm and I sit in a random investment committee or a random meeting, is that still true?

And to me, that's the ultimate test.

And would I introduce the people then to

my family, to my grandkids and my kids, because that's the ultimate test.