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Goodbye Gordon Gekko: How to Find Your Fortune Without Losing Your Soul

ISBN: 978-0-470-61954-4
224 pages
May 2010
Goodbye Gordon Gekko: How to Find Your Fortune Without Losing Your Soul (0470619546) cover image
How to live a more productive life by putting a profitable lifestyle ahead of profits

With his standout Wall Street line “Greed is good,” Gordon Gekko became pop culture icon for unrestrained greed. But, while greed might be great for one person–especially when that person is fictional–it’s not so great for good people living in the real world. In Goodbye Gordon Gekko: How to Find Your Fortune and Not Lose Your Soul, Anthony Scaramucci describes how a better understanding of people, capital, and culture can be used to enrich one’s life, financially as well as spiritually. With smart and engaging prose, the book:
•    Discusses how the best manifestations of ambition, entrepreneurship and mentoring can lead to a life that not only fulfills financial obligations, but also leaves a lasting legacy
•    Describes ways in which Americans and American companies can act to avoid the kind of crisis that crippled the country’s economy
•    Details how to build a core set of values to discover wealth on one’s own terms
Given the turmoil in financial markets over the past few years, many people are reevaluating what it means to be “rich.” Goodbye Gordon Gekko shows how it’s possible to be well-off without all the trappings of wealth.

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Introduction.

Chapter 1 Ambition.

Ego versus The Egomaniac.

Chapter 2 Success and Failure.

Reaching for Excellence.

Chapter 3 Vocation and Meaning.

Let it All Hang Out.

Chapter 4 Capital.

Real Wealth.

Chapter 5 Knowledge.

Lessons from Unlikely Places.

Chapter 6 The Way of the Mentor.

Looking for a Hero.

Chapter 7 Teamwork.

There's No “I” in Team.

Chapter 8 The People That You Meet on the Street.

You Take the Good, You Take the Bad.

Chapter 9 How to Find Your Fortune Without Losing Your Soul.

Further Reading.

Acknowledgments.

About the Author.

Index.

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Anthony Scaramucci is the founder and Managing Partner of SkyBridge Capital, a New York-based alternative investment management com-pany, focused on partnering with emerging managers and seeding and mentoring Wall Street's next generation of entrepreneurs. In the past five years, SkyBridge has seeded emerging hedge fund managers and built a fund of funds business with $4.4 billion in total assets. From 1989 to 1996, Scaramucci was at Goldman Sachs, where he became a vice president in the private wealth management area in 1993. Scaramucci is a member of the Board of Overseers for the School of Arts and Sciences at Tufts University, and a board member of the Lymphoma Foundation, the Brain Tumor Foundation, and the NYC Financial Services Advisory Committee. He was also a technical adviser to Oliver Stone for the movie Wall Street: Money Never Sleeps.
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May 21, 2010
Wall Street Money Manager tells Would-be Tycoons to Invest Heavily in Ethics

A new book by Anthony Scaramucci, leading global alternative investment firm founder with $5.6 billion in assets under management, lets up-and-comers know, greed and lack of ethics are as passé as the three-pound cell phone wielded by Michael Douglas when he played morally bankrupt tycoon Gordon Gekko in the film Wall Street.

In his new book, Scaramucci, who is also technical advisor on the upcoming sequel to the film Wall Street, which spawned the iconic, greedy, Gordon Gekko, focuses on shedding the greed mindset and replacing it with a social mechanism for surviving market mayhem.

“It is up to us to approach life with the right attitude and positively react, not letting changes diminish our spirit or initiative, or damage our personal reputation,” Scaramucci writes in his new book Goodbye Gordon Gekko: How to find your fortune without losing your soul, to publish in June 2010, “If we keep our values intact we will be fine regardless of what happens. But we always have to expect the unexpected.”

In Goodbye Gordon Gekko, Scaramucci explores opportunities for leading a rich life in a difficult, radically changed economy. Believing that the financial crisis was caused by a nation of Gekkowannabes, tripped up by status anxiety and egocentric tendencies.

With years of experience at Goldman Sachs, and having co-founded two successful alternative investment management companies, the author provides a behind-the-scenes view of life on Wall Street-the wins and the losses, the rights and the wrongs. He advocates: building a circle of competence made of those you trust, mentoring and celebrating others, and giving back to your community and country, all the while targeting success. It means seeing capitalism as an art and businesses as creations and vocations, not simply as levers to feeding your ego.

According to Scaramucci, it is time to start focusing on a new dialogue in the business world:

  • Ridding oneself of egotistical tendencies;
  • Developing the self-awareness to bounce back from failure;
  • Building a circle of competence around trusted people;
  • Mentoring and celebrating others;
  • Giving back to the community and country all the while targeting success; and
  • Seeing capitalism as an art and businesses as creations and vocations and not simply as levers to feeding one’s ego.

Scaramucci is the founder of  and managing partner of SkyBridge Capital LLC which currently has over $5.6 billion USD under its management between its U.S. firm and a new expansion in Zurich. He is a 20-year veteran of Wall Street and former Goldman Sachs Vice President.

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