Article
· book: streetwise
· business
Streetwise — Epilogue: Life After Goldman
- 1. Lloyd Blankfein left Goldman Sachs without taking a government job because he was a lifelong Democrat during the Trump administration and felt out of sync with political polarization.
- 2. Blankfein argues that political polarization is driven by the system itself, not the other way around.
- 3. After retiring, Blankfein enjoyed unrestrained tweeting, engaging in battles with Mayor de Blasio and Senator Elizabeth Warren, and sparring with Bernie Sanders.
- 4. Blankfein reads history and biography to counter present-mindedness and understand business cycles, which he considers crucial for finance.
- 5. Blankfein continues to trade markets daily for his own account as a pastime, finding it fun to make bets and engage with stories behind investments.
- 6. Blankfein believes Goldman Sachs has a unique culture that creates a conscious diaspora among alumni, unlike any other Wall Street firm.