Lloyd Blankfein
speaker
678 appearances
1 recordings
1 series
first heard Jun 2026
last heard 16 Jun
Lloyd Blankfein’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 — 1 in all, peaking in Jun 2026 with 1.
Appearances
And if people rely on their reputations for probity, it doesn't mean that things don't get documented so that each side really understands what the other person's perception is, making sure you're literally on the same page.
No, but that sounds right.
Just because something is big doesn't mean it's tricky.
or complicated.
There are big things that are simple and little things that are complicated.
I think all things considered, it's always good to document stuff.
But in a trading room, you don't document stuff when people buy and sell stuff.
Also, sometimes the execution of what you've agreed to is so near in time that it's pointless to document it because in two days, you're going to perform.
And so there's no reason why you have to document something that will be accomplished before you could ever dot the I's and cross the T's in a document.
But it's always, you know, all things equal.
It's good to have a document, but it's largely not necessary.
And most of the transactional world works without documentation.
I invest in risky assets.
That's what's fun for me.
And that was what I did my whole career.
Well, index funds are risky.
They're diversified across different things.
But if you're in a diversified equity ETF, you're in equities.
And equities is a lot different than being in debt, and it's a lot different than being in short-term money markets, which is more safe.
And so it's still risky.
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