” Mysterious can be cool, if you’re in Hollywood and everyone’s happy. But it can be really bad if people perceive that the financial interests are adversarial, that there’s money versus people. A lot of Goldman Sachs people went into government, so at a time when there’s a distrust of institutions, some of that reflects on us. “


” I don’t look forward to a time when every politician, every legislator goes to Washington absolutely committed to an extreme point of view. Elected representatives are sent to Washington to compromise, not to never compromise. “


” Every time I get accustomed to low volatility, like we were towards the end of the Greenspan era, and we think we have all the levers under the control… something erupts to remind us that the idea that anybody is in control of everything is hubris. “


” I read a lot of history, and I know that once upon a time, a coin was worth $5 if it had $5 worth of gold in it. Now we have paper that is just backed by fiat… Maybe in the new world, something gets backed by consensus. “



All 4 Lloyd Blankfein Quotes about Time in picture


Mysterious can be cool, if you
I don
Every time I get accustomed to low volatility, like we were towards the end of the Greenspan era, and we think we have all the levers under the control... something erupts to remind us that the idea that anybody is in control of everything is hubris.
I read a lot of history, and I know that once upon a time, a coin was worth $5 if it had $5 worth of gold in it. Now we have paper that is just backed by fiat... Maybe in the new world, something gets backed by consensus.

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