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With his "godlike courage," Helen Keller wrote, Braille built a "firm stairway for millions of sense-crippled human beings to climb from hopeless darkness to the Mind Eternal".
Small close-knit partnerships each invested a few million dollars a year, and partners spent much time advising and monitoring managers as they built a firm into a sustainable business that could be sold to investors in the stockmarket.
He built a firm that was more like a second family, which grew over the years with new members astonished at their good fortune to have arrived in such a comfortable home.
Sorrell, who has built a firm relationship with the ex-Sony and CBS executive in global media business circles over the decades, said that the corporation would be "hard pressed" to find a better candidate.
He compiled one of the finest track records of any mutual fund manager in the country and built a firm in which intellectual rigor and decency were prized in equal measure.
Few have heard of Albert Kahn, but he was one of this country's most successful architects and built a firm specializing in factory design that survives to this day.
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Encouraging households to borrow more and more hardly builds a firm foundation for future growth.
"Today one can build a firm or practice in a much different way than you could in 1965," he said.
Venture capital allows entrepreneurs to build a firm without having to borrow and pay high interest charges before they generate any revenues, let alone profits.
He said he had set out to build a firm that did the exact opposite of Lehman, which he described as nasty and corrosive.
"I am determined, however, that we build a firm for sustainable profit and not one to focus only on short-term expectations".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com