Anthony Scaramucci on Succeeding Through Failure
Hedge funds and a TV show.
Photographer: Jacob Kepler/BloombergThis week in our Masters in Business radio podcast, we speak with SkyBridge Capital founder and managing partner Anthony Scaramucci.
The “Mooch,” as he is known, describes how he succeeded through a series of failures. Fired from the investment banking department at Goldman Sachs, he landed a new job two months later -- in the sales department at Goldman Sachs. There, he helped raise money for PC maker Dell in the early 1990s when the company ran into some trouble. When he started Skybridge as a hedge-fund seeder, it faltered. When the financial crisis hit he used the opportunity to buy the fund-of-funds business of Citigroup. The business thrived, and the firm now has about $13 billion under management. He is the author of "Goodbye Gordon Gekko: How to Find Your Fortune Without Losing Your Soul," and is co-host of the revived program "Wall Street Week," which his firm owns.
