Michael Levy: Wall Street Is Mercenary. Texas Is Legacy.
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About this Episode
Michael Levy spent 20 years at Morgan Stanley before becoming the first non-family CEO in the 77-year history of Crow Holdings, one of the largest private real estate firms in the US.
In this episode, Michael explains why Wall Street breeds a mercenary culture, how Texas operates on relationships and legacy, and what he learned watching the 2008 financial crisis destroy firms that forgot the fundamentals.
His #1 rule as CEO? "Do no harm." Not exactly what you'd expect from someone who ran trading desks on Wall Street.
About Michael Levy
Michael Levy
CEO, Crow Holdings
Michael Levy is CEO of Crow Holdings, a Dallas-based private investment and real estate firm founded in 1948. He joined in 2016 as the first non-family CEO in the company's 77-year history. After law school, Levy began his career in investment banking, which transitioned to investment management primarily at Morgan Stanley, where he led the real estate division, illiquid alternatives business (including venture capital, private equity, infrastructure, and private credit), and traditional asset management.
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