Sherry Cooper, celebrated economist, author, and former Chief Economist of BMO Financial Group, has spent decades distilling the complexities of economics into clear, actionable strategies for individuals and businesses. Across her bestselling books and public insights, Cooper lays out a practical yet visionary path to success in an ever-changing financial world. Her message is clear: control your future, embrace change, and never stop learning.
Here’s a breakdown of her key strategies for success:
1. Embrace Change and Innovation
For Cooper, the ability to adapt to technological and economic change is essential. In The Cooper Files and Ride the Wave, she highlights the need to anticipate shifts in global trends rather than react to them.
“Technology, demographics, and globalization are reshaping our world. Those who anticipate and adapt will thrive,” she writes.
She encourages individuals to remain nimble, see disruption as an opportunity, and harness innovation to move ahead professionally and financially.
2. Take Control of Your Financial Future
One of Cooper’s foundational messages is financial empowerment. She emphasizes that building long-term wealth starts with taking ownership of your finances.
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Start saving early and consistently.
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Diversify investments to manage risk.
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Understand your financial decisions—don’t just delegate them.
She believes personal financial literacy is a non-negotiable skill in today’s economy.
3. Commit to Lifelong Learning
Cooper insists that ongoing education is critical for staying competitive and making wise choices in work and life. Whether it’s staying up to date on markets or learning new skills, she sees continuous learning as the ultimate edge.
“The only real security lies in your ability to adapt and grow,” she often notes.
This mindset fosters resilience and keeps individuals prepared for both challenges and opportunities.
4. Redefine Retirement
In The New Retirement, Cooper challenges the traditional view of retirement as a complete stop to work. Instead, she envisions a new era of “active aging” where people remain engaged, productive, and fulfilled.
She encourages:
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Pursuing part-time or passion-driven work.
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Viewing retirement as a transition, not an endpoint.
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Making choices that align with your values and desired lifestyle.
This modern approach recognizes that longevity can bring not just more years, but more meaningful ones.
5. Think Globally, Act Personally
Cooper seamlessly connects macroeconomics to personal decision-making. By understanding global trends like shifting labor markets, inflation, or aging populations, individuals can make smarter choices about careers, investments, and timing.
Her strategy? Stay globally aware, but always tailor your decisions to your unique circumstances.
6. Lead with Confidence and Competence
She argues that success comes from a blend of real skills and the confidence to step into opportunities.
“Confidence is not arrogance—it’s the belief in your ability to learn, grow, and deliver.”
She urges professionals to seek out challenges, speak up, and believe in their value.
Final Thoughts
Sherry Cooper’s strategies for success are not just economic—they’re deeply human. They encourage agency, adaptability, and ambition. Whether you’re navigating a financial decision, shifting careers, or planning for retirement, her blueprint offers a thoughtful guide to thriving in today’s unpredictable world.
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Excellent business and economics books:
The New Retirement by Sherry Cooper
The Yankee Years by Joe Torre and Tom Verducci
Blackberry Town by Chuck Howitt
Poor Charlie's Almanack by Charlie Munger
The Intelligent Investor by Benjamin Graham