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" When I started, there were very few women at the managing director level and very few who had families, which is something that was important to me. So it's not like, when I looked up, I could say, 'Well, that's who I want to be.' "

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" Women are still not reaching the most senior levels of corporations. This is not the shortcoming of women. We're talented and smart. "

Ruth Porat

Smart

Most

Senior

" Since 1987, there are now many more of us as at the higher levels with families, so I think, as role models, we are encouraging more women to stay within banking and rise up through the ranks. "

" I remember, the first time it struck me is I was an econ major at Stanford as an undergrad, and it struck me how few women were econ majors back in the '70s. And then in business school how few women... And even then, I thought, 'Gosh, this is really unfortunate.' "

" The cloud is one of the most extraordinary opportunities of our lifetime. If we're not investing now, we'll rue the day we didn't. "

" Stick to your true north - build greatness for the long term. "

" We think machine learning, as it relates to healthcare and life sciences, is extraordinary. "

" Unless you stay focused on innovation, you can be disintermediated. "

" Growing up in Silicon Valley, during my time at Morgan Stanley and as a member of Stanford's Board, I've had the opportunity to experience firsthand how tech companies can help people in their daily lives. "

" Liquidity is oxygen for a financial system. "

" I have not been a believer of point guidance. It really limits your flexibility to do what you want. It leads to behavior that is not supportive of long-term shareholder value. "

" I've had the opportunity to experience firsthand how tech companies can help people in their daily lives. "

" I have seen too many people in my career think that there is some natural progression to life, with certain career milestones preceding whatever you may want in your personal life. Unfortunately, life doesn't know it is supposed to follow a schedule. "

" Innovation happens everywhere. "

" Incrementalism in technology leads to irrelevance; what you need is revolutionary change. "

" If you continue to plow ahead in something that is OK, you will miss the opportunity to do something that is great. "

" I think what Sheryl Sandberg said about the importance of 'leaning in' is very true, but it's not sufficient. "

" Businesses perform better when you have diversity of view in your senior leadership positions. This is not just the right thing to do socially; it's the right thing to do for your business. "

" If you're just focused on work, my view is that you'll never get enough back from any organization, no matter how fantastic the role is, and you have to have a full life so that you really get enriched in a lot of different ways, and that can be family and kids. It can be, for others, sports. "

" The most valuable thing you can have as a leader is clear data. "

" It's been invigorating being back on the West Coast, being at Alphabet, because there is so much innovation. And the big challenge is, how do you think about resource allocation and priorities when you have so many great options? But wearing jeans instead of suits and popping into driverless cars has also been a lot of fun. "

" You can't cost-cut your way to greatness. "

" Culture is more important than rules and regulations. "

Ruth Porat

Culture

Important

" There are no good options in the midst of a crisis. "

" Solving problems for users at scale ultimately results in monetization opportunities. "

" The wealthiest can afford to pay more in taxes. That's a part of the deal. That makes sense. I don't know anyone that doesn't agree with that. "

Ruth Porat

Agree

Know

" The wealth disparity between the lowest and the highest continues to expand, and that's inappropriate. "

" The most important thing is culture. "

" If you don't have ample liquidity, and it's not durable, in times of stress, as you're looking for liquidity, you're forced to sell assets at declining prices, which then eats into your capital position, so it becomes this very, very negative cycle. There's no question that liquidity is sacrosanct. "

" I hate the term 'work-life balance.' I think it's a setup, and it's trap for all of us. "

Ruth Porat

Think

Balance

" I stayed at Morgan Stanley for 27 years because it was fun. I kept learning. "