David Solomon
speaker
1,572 appearances
35 recordings
8 series
first heard Oct 2025
last heard 8 Jul
David Solomon’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 35 in all, peaking in Feb 2026 with 14.
Appearances
And they didn't really make sense to me.
And I thought it was important for Goldman Sachs to get into the discussion.
And so there are things that are always different.
But I generally, you know, if you want to talk about kind of fundamental principles that I have after 40 some years of doing this, it's never different this time.
Meaning, I don't think we're going to wake up in a world where nobody works and there has to be universal basic income and we have massive unemployment.
I just don't think that's the way our economy works.
And when people start talking about those things or postulating about those things, I don't think they're being thoughtful about really looking in a granular way at the labor force and how job creation works in our economy and how technology disruption in the past has changed and shifted the nature or the makeup of labor and the economy in the U.S.
Well, finance has evolved.
I started in 1984.
I recently referred to that as the prehistoric days of finance, when, by the way, I have long flowing hair.
It's just a very different world.
And so let's just start with the fact that finance was a relatively nascent industry and also had been relatively stagnant
for 15 years because we really went through a period from the late 60s to the early 1980s where interest rates were going straight up.
September 15th, 1982 is a very, very important day in the history of financial markets because that is the day that the 10-year treasury hit 15.9%.
And it also happens to be- Put things in perspective.
It also happens to be a little less than two years before I landed at the Irving Trust Company at one Wall Street to start my career.
And at the time, you got trained to do analysis.
But the business was very entrepreneurial.
There was very little structure.
And there was so much open running room to go out and participate that young people, especially when you got away from the most white shoe firms, which at the time were Goldman Sachs and Morgan Stanley,
Showing 41–60 of 1,572 · page 3 of 79
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