We've all heard stories of lottery winners, rock stars, heirs and heiresses, and professional athletes becoming millionaire morons who wake up rich but are broke by nightfall.

As a bull market turns into a bear market, the new pros turn into optimists, hoping and praying the bear market will become a bull and save them. But as the market remains bearish, the optimists become pessimists, quit the profession, and return to their day jobs. This is when the real professional investors re-enter the market.

The rich continue to get rich the same way they always have - by understanding how money works and making their money work for them.

I want parents to teach that academic intelligence is essential, but so is financial intelligence.

I have spent years as a leadership coach to the very wealthy and have been able to get behind the eyes of some of the world's best, studying the minute details of what makes a person great.

I don't pretend there aren't biological differences, but I don't believe the desire for leadership is hardwired biology, not the desire to win or excel. I believe that it's socialization, that we're socializing our daughters to nurture and our boys to lead.

On March 12, 2004, acting attorney general James B. Comey and the Justice Department's top leadership reached the brink of resignation over electronic surveillance orders that they believed to be illegal.

I think the must-have power qualities for a female or male power leader are really the ability to focus, to work hard, to be extremely goal oriented and to not let the noise and the nonsense interfere with your mission - what you really feel you want to do with your career and your life.