When I first started working in politics as a junior aide on Walter Mondale's 1984 presidential campaign it never occurred to me that I would one day work in the White House. There were plenty of women among the volunteers who stuffed envelopes and walked precincts. But there were fewer and fewer on each successive level of influence and access.

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The number-one job of the hedge-fund manager is not to make sure that you can retire with a smile on your face - it's for him to retire with a smile on his face.