In 20+ years of life on Wall Street, ConvergEx's Nick Colas has had four mentors who helped him make sense of the business. Some were very hands-on, and others taught more by example. In an intriguing note, Nick explains the four key lessons he learned from them. The single most useful lesson, especially for a brokerage analyst: “Message plus repetition equal franchise.” Other sayings that have stuck with Nick are “If you want and answer, you need to ask a question” and “do things the way you want to do them.” While simple to say, behind those simple aphorisms sit much richer messages. Via ConvergEx's Nick Colas, ... (full story)