The Goldman Sachs' Lost Decade!
Quote from Ndubuisi Ekekwe on February 2, 2020, 2:39 AMThe Goldman Sachs lost decade was summarized by this line in the Economist: "A dollar invested in Goldman in 2010 would be worth just $1.60 today. A dollar wagered on the s&p 500 would be worth $3.60, and on JPMorgan Chase, $4.10. Goldman has become a laggard. '' The bank where money used to be printed for shareholders and employees has experienced under-performance in this data-anchored economy. Across board, Goldman is not milking the evolving data-economy; the industrial age economy was easier for it. But with DJ Sol (David Solomon) now the CEO, things could change as the bank held the first Investors Day in its history - the secretive and enigmatic character may be over.
The Goldman Sachs lost decade was summarized by this line in the Economist: "A dollar invested in Goldman in 2010 would be worth just $1.60 today. A dollar wagered on the s&p 500 would be worth $3.60, and on JPMorgan Chase, $4.10. Goldman has become a laggard. '' The bank where money used to be printed for shareholders and employees has experienced under-performance in this data-anchored economy. Across board, Goldman is not milking the evolving data-economy; the industrial age economy was easier for it. But with DJ Sol (David Solomon) now the CEO, things could change as the bank held the first Investors Day in its history - the secretive and enigmatic character may be over.