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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. "

Lloyd Blankfein

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" I am one with the popular culture. "

Lloyd Blankfein

Popular Culture

" 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. "

Lloyd Blankfein

" Ambition is your inner voice that tells you you can and should strive to go beyond your circumstances or station in life. "

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

" I'd say if you wanted to forestall bad events, the best thing to do is anticipate them and try to correct them before they get close. "

Lloyd Blankfein

" 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. "

Lloyd Blankfein

" 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. "

Lloyd Blankfein

" 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. "

Lloyd Blankfein

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

Lloyd Blankfein

" 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. "

Lloyd Blankfein

" 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. "

Lloyd Blankfein

" Too much of the GDP over the last generation has gone to too few of the people. "

Lloyd Blankfein

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

Lloyd Blankfein

" 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. "

Lloyd Blankfein

" 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. "

Lloyd Blankfein

" 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. "

Lloyd Blankfein

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

Lloyd Blankfein

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

Lloyd Blankfein

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

Lloyd Blankfein

" 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. "

Lloyd Blankfein

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

Lloyd Blankfein

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

Lloyd Blankfein

" 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

" 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. "

Lloyd Blankfein

" 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. "

Lloyd Blankfein

" At the end of the day, it's not a normal condition to have interest rates at zero. "

Lloyd Blankfein

" 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. "

Lloyd Blankfein

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

Lloyd Blankfein

" 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. "

Lloyd Blankfein

" If you had asked me, did I have everything nailed down and wired about what I wanted to do, and was I following some real plan? No. In fact, by the time I was in my mid-20s or even late-20s, and I was still in the law firm, I really was starting to get a little nervous that I didn't know what I was going to do. "

Lloyd Blankfein