“It’s not always about where we are right now and how do we improve,” says Sruthi, a Senior Associate, “But how do we prepare for the next step, or the next level?” Learn more about life at our offices across India: https://mgstn.ly/2Nu1PVL | Morgan Stanley

In our new series Hard Lessons, we invite iconic investors to share stories of two out-of-consensus calls—one successful and one not—and how these experiences shaped their strategies. | Morgan Stanley