Thank you for this honor. I promise not to flood you with words. Whether I leave you with a drop of wisdom is for you to judge. You graduate today in a world starkly different, in many ways, from the one in which I graduated. It's far more interconnected.
Information moves dramatically faster.
The decision cycle is vastly shorter. Economies and people around the world are more closely linked than ever before. Decisions made in one capital can be felt across the globe. Business today is conducted largely without borders. When I first went to Wall Street, more than 32 years ago, finance, for example, was focused on the U.S. markets.