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" 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. "
Lloyd Blankfein
Dog
Kind
New
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" Businesses will ultimately go where the markets and opportunities are. "
Lloyd Blankfein
Markets
Will
Where
" If you can't legislate, you can't deal with problems. "
Lloyd Blankfein
Deal
You
Problems
" 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
People
You
Work
" 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. "
Lloyd Blankfein
Way
Same
People
" 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. "
Lloyd Blankfein
Day
End
I Am
" 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. "
Lloyd Blankfein
Growth
Wealth
People
" 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
Work
Well
Years
" 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
You
Stairs
Think
" All you can do is the best you can do. "
Lloyd Blankfein
You
Best
" Ambition is your inner voice that tells you you can and should strive to go beyond your circumstances or station in life. "
Lloyd Blankfein
Voice
Strive
Ambition
" There is a line in which populism can cross over into demagoguery. Demagoguery is the crossover where populism becomes a bad thing, and people make things up, and they assign responsibilities that aren't fair and justified, and scapegoat communities. And then it becomes a very bad thing. "
Lloyd Blankfein
Line
Things
People
" 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
Job
You
Office
" I always thought that a prep school was what some people went to after high school to prepare themselves for college. "
Lloyd Blankfein
People
Always
School
" My favourite day is like when it's raining, and I can just lie on the couch. "
Lloyd Blankfein
Just
Like
Raining
" At the end of the day, it's not a normal condition to have interest rates at zero. "
Lloyd Blankfein
Zero
Day
End
" 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. "
Lloyd Blankfein
Own
Doing
Her
" 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
Point Of View
Time
Look
" 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. "
Lloyd Blankfein
Gold
Important
Insurance
" 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
Fact
System
Capitalism
" 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. "
Lloyd Blankfein
New York
College
Law
" 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
Thought
Today
Day
" In my own experience, I plotted and planned my life when I was getting out of law school to know by what year I'd make it to the Supreme Court. That didn't work out the way I planned. "
Lloyd Blankfein
Experience
Own
Life
" I would have liked to be a nerd. I didn't even make it to that. "
Lloyd Blankfein
Nerd
Liked
Even
" 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
You
Know
Time
" 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
People
Time
Money
" To the extent I bloomed, I'm a late bloomer. "
Lloyd Blankfein
Extent
Late Bloomer
Late
" 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. "
Lloyd Blankfein
Champion
Environment
Job
" 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
Hard
Golf
Baseball
" 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
Events
Best
Say
" 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
Time
Think
Everything