Get QuoteDark Inspirational Quotes App

" 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

Related Quotes:

" 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

" 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

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

Lloyd Blankfein

" 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. "

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

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

Lloyd Blankfein

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

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

" 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

" 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

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

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

" 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. "

Lloyd Blankfein

" 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

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

Lloyd Blankfein

" I always thought that a prep school was what some people went to after high school to prepare themselves for college. "

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

" 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. "

Lloyd Blankfein

" 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

" I never thought I would tweet - I thought it was too dangerous. "

Lloyd Blankfein

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

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

" 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

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

Lloyd Blankfein

" 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

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

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

" 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

" All you can do is the best you can do. "

Lloyd Blankfein