In this episode, I sit down with Sal Naro, Chief Investment Officer of Coherence Credit Strategies, a 5-time award winning fixed income credit fund with a 12-year track record. This is a fund that has boasted an annualized return of 8% and a sharpe ratio of 1.50 since its inception in 2012.
Sal is an extraordinary leader who has spent over 40 years navigating the highs and lows of Wall Street. From his humble beginnings as a busboy to becoming a world-class trader and investor, he shares invaluable insights on building winning teams and leading with impact through times of uncertainty.
Tune in for an inspiring discussion. Sal’s wisdom is generous, hard won and deeply personal.
Key Takeaways:
Early, Humble Beginnings Build Long term Character: Diverse work experiences forge leadership principles that last a lifetime.
Building Winning Teams Through Vulnerability: the art of hiring for resilience, not just results.
Leading through Uncertainty with Forward Vision: how to master the pivot by focusing ahead, not behind.
Thriving in Transformative Times: Cutting losses fast, letting gains run and spotting coherent patterns in chaos.
Finding Light in Dark Moments Through Gratitude: crisis clarity comes through pause and appreciation, not anxiety.
Memorable Quotes:
Learn from your losses.
Hard work is a minimum.
Be in the business of getting along with people.
Every day give the best of you. Leave nothing on the sidelines.
The events you think will never happen, happen all the time.
In times of cataclysmic events, adapting isn’t an option.
Don’t catch falling knives. Never double down on the things you are losing on.
Reflect through the rear-view mirror but lead through the windshield.
As corporate athletes, there's no off-season—sustainable performance means mastering your own rhythm for rest and renewal.
If you want to learn more practical lessons and real-world leadership insights from remarkable founder CEOs, you can order Georgie's book Stratospheric CEOs out now (U.K. & U.S.).