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Takeaway: A blessed decade of growth and successfully disrupting the broken Old Wall model. The best is yet to come.

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Below is an excerpt from a note written by Hedgeye CEO Keith McCullough

One of the biggest problems our profession in particular still faces is Wall Street’s inability to proactively predict both economic slow-downs and market risks. There’s tremendous opportunity in that.

Instead of making another call on the 10yr this morning, I have the last 10 years on my mind. Tonight we’ll be celebrating our firm’s 10th Year Anniversary in Connecticut.

If you’re always grinding on building the front-end of a growth company, what you generally don’t do is wake-up every morning thinking about 3, 5, or 10 years ago.

Hopefully, if you’re as adaptive and dynamic as the complex system in which you operate, you’re incorporating all of the long-term lessons learned along the way… but, at the same time, courageous enough to disrupt in new ways on a daily basis.

For a decade now, I’ve been disrupting that Old Wall and liking it.

If I’m disrupting you, your friends, or your positioning at the top of the risk management morning, I like that too. Someone has to make you think. If it makes you think that I’m completely wrong, that’s awesome. Go make tons of money with that view.

If what my teammates and I do is make you think about your premise and/or, more importantly, your #process, even better. That’s what we’re really after: learning and growing alongside our clients as opposed to pandering to what they want to hear.

I’ve been blessed with the opportunity to work alongside all of my teammates and all of you… taking in all of your criticisms and compliments, all at once. I’ve never learned faster. Thanks to all of you for that too.