Lloyd Blankfein

Are you coping with it better than others?

Are you getting compensated well for taking it?

Are you helping people by allowing them to shed their risk?

Ford wants to make cars.

It doesn't want to speculate in aluminum or currency, but it has to get rid of those risks if it wants to really focus on making cars.

We'll take on that risk.

and manage that risk.

So to me, risk is almost like a law of conservation of risk.

The world is a risky place.

It's just a question of who is taking it on.

Would we be able to ship things if there wasn't marine insurance?

Would we be able to build things if there wasn't homeowner?

Would people be able to walk?

How much extra savings would people have to have if they couldn't buy life insurance?

In a way, we are in the insurance business because we take on other people's risk.

And that, I think, is also a very, very important purpose.

Aside from capital formation, it's we are the responsible party that can manage and take on other people's risk.

Well, it was, you know, wisdom and streety and kind of merging it.

So it's a little bit of a play on Wall Street.

Well, wise has a different, wise has a kind of a knowing kind of, you know, stroking your chin kind of a, you know, that, you know, it's more of an embedded thing.