Liz Hoffman

speaker

299 appearances 5 recordings 1 series first heard Aug 2017 last heard Aug 2020

Liz Hoffman’s voice in public audio — every appearance, attributed to the second.

Trend

recordings per month · last 12 months

No recordings in the last 12 months.Older appearances are listed below; set an alert to hear about the next one.

Appearances

newest first · ▶ plays the moment

WSJ Your Money Briefing · The Latest on Goldman Sachs's Open-Source Trading Floor · 4 Apr 2019 podcast

And if you want to make a change to it, the whole thing has to start all over.

When you do this digitally, it's much, much smoother.

Goodness, no.

They will.

Wall Street in general, I think in the last couple of years, has taken a look at Silicon Valley, where just huge amounts of value have been created, trillions of dollars of value.

And tech

Yeah, so exactly right.

So about 15 years ago, Amazon, which was then early 2000s, an online marketplace, it realized that it had something valuable.

It had this extra capacity on all of its computer servers that it wasn't using.

And so what if we sold that?

Now Amazon Web Services is the largest provider of cloud computing, and it accounts for like three-quarters of Amazon's profits.

Oh, wow, not that much.

So it's massively profitable.

So banks are looking at this thing.

Well, what do we have that's like that, that we kind of have lying around that we could use ourselves or we could also try to see if anyone wants to buy it?

And they have risk management.

That's what big banks are.

They manage a lot of risk and they see a lot of things and they can analyze portfolios and that kind of stuff.

That's right.

Anybody can open that account.

Showing 141–160 of 299 · page 8 of 15