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" I am one with the popular culture. "
Lloyd Blankfein
Popular Culture
I Am
Popular
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" I always thought that a prep school was what some people went to after high school to prepare themselves for college. "
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" My - I grew up in - I grew up in public housing. My dad, for most of my life, worked for the post office, which was a terrific job to get because you couldn't lose your job. "
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" As CEO of a big company, I have to be a kind of a champion of the interests of our people as insofar as their ability to do their job, to feel comfortable in their work environment, and to be able to fulfill their ambitions. "
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" I started out as a lawyer and came in laterally to Goldman Sachs. So I learned myself that life is unpredictable. That you really should, in terms of your career, try to be excellent at what you're doing. I think if you focus on your job, and you focus on being broad in the context of your job, the next jobs follow from that. "
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" 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. "
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" You have to, in your own life, get people to want to work with you and want to help you. The organizational chart, in my opinion, means very little. I need my bosses' goodwill, but I need the goodwill of my subordinates even more. "
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" There is a tradition in America of people in business not only commenting on the way the government is being run but doing something about it if they don't like it. In fact, they don't just rail about it: they go into government, like some of my ex-colleagues. "
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" My favourite day is like when it's raining, and I can just lie on the couch. "
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" 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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" I would have liked to be a nerd. I didn't even make it to that. "
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" We've had this program for a number of years now, called 10,000 Small Businesses, where Goldman Sachs has convened a group of partners to basically give business education to small business owners. "
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" I am specifically concerned about the idea that the legislative process is one that gets characterized the way it is as the 'fiscal cliff.' At the end of the day, the United States is the biggest economy in the world, and the dollar is the reserve currency in the world. I think it behooves us to act in a much more responsible way. "
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" If you can't legislate, you can't deal with problems. "
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" In markets, there are times when you are looking for what makes sense. At other times, you are looking for what you can do that is sensible versus constraints and uncertainties. "
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" I always had a lot of confidence in my ability to gauge a situation and people and try to understand them and what they were saying and what their context was. "
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Situation
Saying
Confidence
" 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. "
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" To the extent I bloomed, I'm a late bloomer. "
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Extent
Late Bloomer
Late
" I got into Goldman really by acquisition because I had gone - I grew up in east New York in the Linden Projects - I did go to fancy schools, but my resume wasn't up to a Wall Street set of resumes. I went to college. I went to law school and practiced for a while. "
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" I remember, my first job when I got my working papers at 13 was as a vendor at Yankee Stadium - the old Yankee Stadium, with very steep stairs in the upper decks. It was all commission-based. And I think a soft drink was 25 cents, and I think you got a 10 percent or 11 percent commission. "
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" Let me tell you, there's very few places where I don't have an agenda. "
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" Businesses will ultimately go where the markets and opportunities are. "
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" The U.S. is not pure capitalism. In fact, there's no place for pure capitalism, unregulated capitalism. We have a regulated system. "
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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. "
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" 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. "
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" I've learned over the years that there's a lot of things that work out pretty well that I don't love. "
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Years
" I never thought I would tweet - I thought it was too dangerous. "
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" The list of things that are conventional today that I use every day that I thought would never make it is a very long list. "
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" Ambition is your inner voice that tells you you can and should strive to go beyond your circumstances or station in life. "
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" Companies that grow create wealth. This, in turn, allows people to have jobs that create more growth and more wealth. It's a virtuous cycle. "
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