Get QuoteDark Inspirational Quotes App

" In 2007, in the early 2007, everybody saw the housing market was falling, and at any given moment a lot of people thought it was going to fall more, and a lot of people thought it was going to rebound. You just didn't know. "

Related Quotes:

" 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. "

Lloyd Blankfein

Situation

Saying

Confidence

" When yields on corporate bonds are lower than dividends on stocks, that unnerves me. "

Lloyd Blankfein

Than

Stocks

" If you do something really well, the entire world beats a path to your door. The number three, number five, number 400 player gets nothing. It's almost a winner take all. "

" You can see that all these people who did really great things failed six times or didn't get going until they were much older. I think that's much more instructive and educational. "

" I've learned over the years that there's a lot of things that work out pretty well that I don't love. "

" There's not a sport or activity in life where you have a really hard grip, you actually do better. Whether it's baseball or golf or kicking a ball, the looser you are, the further the thing goes... If you're tight, you're not necessarily better. "

" Maybe bitcoin is a kind of a bubble. I don't like it. I'm not comfortable with it. I'm kind of an old dog to be absorbing that kind of a new trick. "

" The U.S. is not pure capitalism. In fact, there's no place for pure capitalism, unregulated capitalism. We have a regulated system. "

" 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. "

" 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. "

" Let me tell you, there's very few places where I don't have an agenda. "

" 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. "

" I would have liked to be a nerd. I didn't even make it to that. "

" 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

Right

Wrong

" You don't know how you'll react to things until you live through them. "

" Growth requires risk-taking. If you want to dampen risk and make sure you never have a problem, you do so, but that also will have an effect on growth. This is a decision that doesn't necessarily belong to financial institutions. It belongs to regulators and legislators who represent the body politic. "

" 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. "

" You can look at history of these things, and Social Security wasn't devised to be a system that supported you for a 30-year retirement after a 25-year career... So there will be things that, you know, the retirement age has to be changed, maybe some of the benefits have to be affected, maybe some of the inflation adjustments have to be revised. "

" We certainly had an upheaval at the start of the Great Depression, and that resulted in a lot of financial reform, but it wasn't done in one stroke, and it wasn't done immediately. The Depression was in 1929 and resulted in the Securities and Exchange Act of '33, '34, '35, '37, '39, and '41. "

" My favourite day is like when it's raining, and I can just lie on the couch. "

Lloyd Blankfein

Just

Raining

" To the extent I bloomed, I'm a late bloomer. "

" If you can't legislate, you can't deal with problems. "

" 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. "

" The ability for employment benefits to be shared among spouses, the ability to move people who are dependent on visas for trailing spouses, all hinges on being able to deal with families of gay people in the same way that you deal with families of straight people. Otherwise, they can't move around. "

" 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. "

" Change is often the agent of progress in ways we can't always readily see in the early days. "

" 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. "

" 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. "

" Businesses will ultimately go where the markets and opportunities are. "

" It's very hard to go out and make big investments to take advantage of the shale energy if we don't know if it's always going to be there, what price it's going to be there, whether the country's going to allow it to be exported, or whether it's going to go and affect subsidized U.S. manufacturing. "

Lloyd Blankfein

Manufacturing

Energy