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Lloyd Blankfein Quotes
Lloyd Blankfein Quotes
Lloyd Blankfein
American
Businessman
Born:
Sep 20
,
1954
Day
Life
People
Think
Time
You
Related authors:
Bill Gates
Henry Ford
Jim Rohn
Les Brown
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Warren Buffett
All you can do is the best you can do.
Lloyd Blankfein
Best
You
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
People
Responsibilities
Bad
Scapegoat
Cross
Crossover
Bad Thing
Demagoguery
Over
Fair
Make
Becomes
Line
Up
Very
Where
Which
Justified
Then
Communities
Assign
Thing
Things
I'm the chocolate chip cookie king of the world.
Lloyd Blankfein
World
King
Chip
Chocolate
Cookie
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
Work
Champion
People
Job
Big
Ambition
Our
Our People
Kind
Ability
Able
Insofar
Environment
Feel
Comfortable
Big Company
Work Environment
CEO
Fulfill
Interests
Company
Businesses will ultimately go where the markets and opportunities are.
Lloyd Blankfein
Opportunities
Will
Markets
Go
Ultimately
Where
Businesses
Too much of the GDP over the last generation has gone to too few of the people.
Lloyd Blankfein
Generation
People
Too Much
Few
Gone
Too
Over
Much
Last
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.
Lloyd Blankfein
You
World
Path
Three
Winner
Nothing
Entire
Entire World
Something
Take
Beats
Almost
Well
Five
Gets
Door
Really
Your
Player
Number
Number Three
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
Government
Time
You
Happy
People
Money
Financial
Everyone
Bad
Distrust
Some
Perceive
Mysterious
Adversarial
Institutions
Lot
Versus
Reflects
Goldman Sachs
Hollywood
Us
Really
Interests
Cool
I am one with the popular culture.
Lloyd Blankfein
Culture
Am
Popular
Popular Culture
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
Remember
Old
Job
First
Think
Papers
Percent
Drink
Steep
First Job
Yankee
Yankee Stadium
Got
Very
Commission
Upper
Stadium
Stairs
Deck
Cents
Working
Soft
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
Life
Myself
You
Try
Job
Focus
Lawyer
Think
Broad
Out
Jobs
Follow
Unpredictable
Excellent
Terms
Learned
Context
Doing
Came
Being
Goldman Sachs
Really
Next
Should
Your
Started
Career
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
Life
Work
Experience
Law
School
My Life
Year
Own
Way
Out
Law School
My Own
Know
Supreme
Make
Supreme Court
Court
Getting
Work Out
Planned
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
Time
Politician
Every
Extreme
Compromise
Point
Point Of View
Absolutely
Never
Look
Goes
Committed
Representatives
Legislator
Sent
Elected
View
Forward
Washington
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
Gay
You
People
Benefits
Otherwise
Way
Ability
Able
Shared
Employment
Around
Deal
Hinges
Spouses
Trailing
Families
Same
Move
Dependent
Being
Straight
Straight People
Who
Among
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
Burden
Will
Important
Pay
Every
Other
Rate
Rates
Rising
More
Only
Price
Policy
Alternative
Insurance
Becomes
Currency
Gold
Expensive
Hold
Interest
Interest Rates
Less
We've had this program for a number of years now, called 10,000 Small Businesses, where Goldman Sachs has convened a group of partners to basically give business education to small business owners.
Lloyd Blankfein
Education
Business
Group
Give
Small
Small Business
Small Business Owners
Small Businesses
Had
Partners
Years
Owners
Where
Goldman Sachs
Business Owners
Businesses
Now
Basically
Number
Program
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
Depression
Great
Financial
Great Depression
Immediately
Stroke
Securities
Resulted
Exchange
Had
Lot
Reform
Upheaval
Done
Act
Certainly
Start
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
World
End Of The Day
Think
Way
States
Characterized
Responsible
Responsible Way
About
More
Idea
Economy
Concerned
Cliff
Am
Fiscal
Dollar
End
Currency
Gets
Legislative
Legislative Process
Biggest
Process
Us
Much
Act
Reserve
United
United States
Specifically
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
Life
You
Better
Kicking
Further
Sport
Tight
Ball
Looser
Goes
Where
Golf
Whether
Grip
Really
Hard
Baseball
Activity
Actually
Thing
Necessarily
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
Great
You
People
Great Things
Older
Think
See
More
Failed
Until
Were
Educational
Times
Get
Did
Going
Six
Much
Really
Who
Things
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
Control
Every
Think
Every Time
Everything
Something
Volatility
Remind
Idea
Towards
Like
Era
Were
Hubris
End
Get
Accustomed
Anybody
Low
Us
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
Time
History
World
Worth
Once
Backed
Paper
Something
Had
New
Know
Read
Lot
Gets
New World
Maybe
Just
Gold
Fiat
Now
Consensus
Coin
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
Love
Out
Pretty
Over
Well
Learned
Years
Lot
Work Out
Things
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
Best
Better
More
Wrong
Quick
Than
Getting
Right
If you can't legislate, you can't deal with problems.
Lloyd Blankfein
You
Problems
Deal
Legislate
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
Take Advantage
Country
Big
Energy
Out
Price
Take
Allow
Investments
Advantage
Know
Make
Always
Go
Affect
Very
Going
Subsidized
Whether
Hard
Manufacturing
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