David Solomon
π€ SpeakerAppearances Over Time
Podcast Appearances
Look, during the week,
I would say I look at the stock price most days during the week, but it depends on what I'm doing.
If I'm in the office, if it happens to be a day when I'm in the office going from meeting to meeting and in between meetings, you know, I jump on my desktop and I'm responding to emails or making telephone calls, the screen's up.
And I'm looking at our stock price, but I'm looking at a bunch.
I'm trying to look at what's going on in the market, have an absorption as to what's going on in the market that day.
If it's a day where I'm in a bunch of meetings and I'm on the road, I might not look at the stock price at all, but probably at the end of the day, I'd look and say, hey, what happened today?
And by the way, it's not just our stock price.
It's actually what happened in the market today.
For me to be effective, I have to be super in touch with what's happening in the market every day.
And I spend time on the weekend also catching up on it.
You know, from my perspective about our stock price, of course, it's human nature.
I'm going to look and see.
But what I really care about is kind of year to year to year.
And what I really believe deeply, and it's been one of the things our leadership team has really been focused on for the last eight years, is if you grow the earnings of the firm, if you invest in growth in the firm and you grow the earnings of the firm, the stock will do just fine.
The multiple will move around.
But if you grow the earnings of the firm, the stock will do just fine.
And so we've been focused on investing in the business and growing the earnings of the firm.
And we've grown the earnings of the firm material.
We had our first investor day in January 2020, and we put out a plan, and we've been executing against that plan.
And since then, we've grown the revenues of the firm 65-ish percent.