WealthManagement.com asked the former president of Bank of America’s global wealth and investment division a few questions about herself.
WealthManagement.com: What movie could you watch over and over and still love?
Sallie Krawcheck: Dodgeball: A True Underdog Story. I once met Lance Armstrong; we started to quote the movie to each other, and I corrected him. Life highlight.
WM: What is one guilty pleasure you enjoy too much to give up?
SK: White wine.
WM: What’s the last book you read?
SK: Girl on a Train, by Paula Hawkins.
WM: Biggest mistake?
SK: Coming to an agreement on a handshake; the CEO left shortly thereafter and the next CEO was of a different mind.
WM: Were you named after anyone?
SK: Yes, my Aunt Sallie, who was my mother’s younger sister.
WM: What is the strangest thing you believed as a child?
SK: The strangest thing I believed was that I had two imaginary friends.
WM: Who is your mentor and what is the single best advice you received from him/her?
SK: My first mentor was Weston Hicks, now CEO of Alleghany. He told me to stop hanging back; that if I did good work but didn’t communicate it, I might as well have not done it.
WM: What’s something that amazes you?
SK: My children. All the time.
WM: What’s one thing you’d rather pay someone to do than do yourself? Why?
SK: Pay bills. I find it mind-numbingly boring.