Menu
Sign In Search Podcasts Libraries Charts People & Topics Add Podcast API Blog Pricing

Lloyd Blankfein

πŸ‘€ Speaker
1832 total appearances

Appearances Over Time

Podcast Appearances

Open Book with Anthony Scaramucci
Fmr Goldman Sachs CEO: What Surviving The 2008 Financial Crisis Taught Me β€” Lloyd Blankfein

You know, I always had, again, I don't know what it stems from.

Open Book with Anthony Scaramucci
Fmr Goldman Sachs CEO: What Surviving The 2008 Financial Crisis Taught Me β€” Lloyd Blankfein

And I don't know if there's a linkage in this.

Open Book with Anthony Scaramucci
Fmr Goldman Sachs CEO: What Surviving The 2008 Financial Crisis Taught Me β€” Lloyd Blankfein

I'm not, I don't have my degree in psychology or, you know,

Open Book with Anthony Scaramucci
Fmr Goldman Sachs CEO: What Surviving The 2008 Financial Crisis Taught Me β€” Lloyd Blankfein

But I definitely saw that always worried about the darker side of things, how things would go, looking around corner.

Open Book with Anthony Scaramucci
Fmr Goldman Sachs CEO: What Surviving The 2008 Financial Crisis Taught Me β€” Lloyd Blankfein

Again, it's something that I wish I could turn on and off because sometimes it clouds everything.

Open Book with Anthony Scaramucci
Fmr Goldman Sachs CEO: What Surviving The 2008 Financial Crisis Taught Me β€” Lloyd Blankfein

what otherwise should be an unabashedly you know unambivalently happy moment because i'll i'll say i'll start to think what could go wrong what could take it away it happened she had helped you in the 2008 yes i mean look like anything else yeah things are you know things have a things are positive things have a dark side you know taken too far but i always again had a bit of a

Open Book with Anthony Scaramucci
Fmr Goldman Sachs CEO: What Surviving The 2008 Financial Crisis Taught Me β€” Lloyd Blankfein

What could go wrong with this?

Open Book with Anthony Scaramucci
Fmr Goldman Sachs CEO: What Surviving The 2008 Financial Crisis Taught Me β€” Lloyd Blankfein

And actually, I found – look, in going to Goldman and coming up the trading side, I found something that really suited my ADD.

Open Book with Anthony Scaramucci
Fmr Goldman Sachs CEO: What Surviving The 2008 Financial Crisis Taught Me β€” Lloyd Blankfein

I was very, very good at intense focus, but you asked me to work on a project straight through for three days, and I was good for –

Open Book with Anthony Scaramucci
Fmr Goldman Sachs CEO: What Surviving The 2008 Financial Crisis Taught Me β€” Lloyd Blankfein

For me, getting five hours worth of work done was usually working for two hours and procrastinating for three and I'd get five hours worth of work done because I was very intense in the two hours and very procrastinating and fidgety during the other three hours in order to make the other two hours work.

Open Book with Anthony Scaramucci
Fmr Goldman Sachs CEO: What Surviving The 2008 Financial Crisis Taught Me β€” Lloyd Blankfein

But I did come from a place where I got used to looking around corners and seeing and always thinking that low probability risks are much higher probability than you think.

Open Book with Anthony Scaramucci
Fmr Goldman Sachs CEO: What Surviving The 2008 Financial Crisis Taught Me β€” Lloyd Blankfein

And starting to think that even as a – I always divided the trading –

Open Book with Anthony Scaramucci
Fmr Goldman Sachs CEO: What Surviving The 2008 Financial Crisis Taught Me β€” Lloyd Blankfein

job that I had in two separate distinct parts.

Open Book with Anthony Scaramucci
Fmr Goldman Sachs CEO: What Surviving The 2008 Financial Crisis Taught Me β€” Lloyd Blankfein

One is, what do you think is going to happen in getting yourself there?

Open Book with Anthony Scaramucci
Fmr Goldman Sachs CEO: What Surviving The 2008 Financial Crisis Taught Me β€” Lloyd Blankfein

So in other words, trying to guess the future.

Open Book with Anthony Scaramucci
Fmr Goldman Sachs CEO: What Surviving The 2008 Financial Crisis Taught Me β€” Lloyd Blankfein

And the other part of it was risk management, where we go at different times and say, okay, now we're in risk management mode.

Open Book with Anthony Scaramucci
Fmr Goldman Sachs CEO: What Surviving The 2008 Financial Crisis Taught Me β€” Lloyd Blankfein

I don't care what you think is going to happen.

Open Book with Anthony Scaramucci
Fmr Goldman Sachs CEO: What Surviving The 2008 Financial Crisis Taught Me β€” Lloyd Blankfein

I don't care that you're lined up consistent with those views.

Open Book with Anthony Scaramucci
Fmr Goldman Sachs CEO: What Surviving The 2008 Financial Crisis Taught Me β€” Lloyd Blankfein

I want to know anything you can think might happen and what you're doing to contingency plan for it, mitigate the consequences of it.

Open Book with Anthony Scaramucci
Fmr Goldman Sachs CEO: What Surviving The 2008 Financial Crisis Taught Me β€” Lloyd Blankfein

Try to avoid the bad consequence.