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If you can't legislate, you can't deal with problems.
Lloyd Blankfein -
No one at Goldman Sachs gets paid out of his or her own P&L. It matters how your business is doing, but it matters more how the firm as a whole is doing.
Lloyd Blankfein
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With interest rates rising, gold doesn't pay an interest rate, but every other currency - it becomes not only less important to hold gold as an alternative, but more expensive to hold it as an insurance policy and so that will be a burden on the price of gold.
Lloyd Blankfein -
The best traders are not right more than they are wrong. They are quick adjusters. They are better at getting right when they are wrong.
Lloyd Blankfein -
Businesses will ultimately go where the markets and opportunities are.
Lloyd Blankfein