What do you think of Goldman Sachs' strategy?

What bothers me about this situation is the fact that the news and media are all going about a recession which is understandable due to the war and pandemic but still the same media still publish articles about folks in the same economy pulling off hefty 6figure profit(Averg. 200k in barely 8weeks) in this downtrend how is that possible?

Lynch has mastered what patience looks like. He has stuck to the markets, having a long term view on the markets. This is what I'm struggling to do, trying to learn how to not react to market news about inflation and all. I have currently set aside about $253k to put in the market now that prices are down. Any ideas?

I wasn't financial free until my 40’s and I’m still in my 40’s, bought my third house already, earn on a monthly through passive income, and got 4 out of 5 goals, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made. Great video! Thanks for sharing! Very inspiring! I love this.

I recently found out the real reason why Goldman people go to government. It's because over the many years they have worked at goldman they have built up significant amounts of UNREALISED profits from stock and stock options which is a huge portion of their pay. For the ceo's these unrealised profits are in the hundreds of millions of dollars. When they realise those gains they would normally have to pay tax on that profit. BUT US law says that when you go into government you have to sell any shares that you have of publically traded companies etc because of conflict of interest. The key is that you are forced to sell your shares but it is TAX FREE if you do it because of going to government. This has probably saved these goldman people billions of dollars in tax deductions collectively.

👏 For CNBC for not having ads every 5 minutes

Ahh yes, the 3 groups of people in the world: Millionaires, Billionaires, and Me the consumer.

This should be called "How the banking sector owns Governments"

“Goldman Sachs is going from caviar to cheeseburgers.” Thank you for that analogy Mr. Mike Mayo.

CNBC the real goats for all these informative types of videos recently. Y'all hold this W

Letting Goldman Sachs play with depository accounts is like letting the foxes into the hen house. Kiss your chickens goodbye! ROTFL

Venturing into the trading world without the help of a professional trader and expecting profits is like turning water into wine, you would need a miracle, that's why i trade with *ROCHELLE DUNGCA-SCHREIBER* , her skills set is exceptional.

One of the conditions for being CEO is that you must be bald or balding. It's naturally the price of doing God's work.

Interestingly, after the Bailout and Recession, Lloyd and his friend Jamie Dimon, went from Millionaires to Billionaires. Doing God's work, of course.

The Goldman Sachs Ideology: When life gives you lemons, turn them into GOLDEN Lemons!!!!

worked in their tech division for a few years, actually started my graduate job there the day Lehman Brothers went down.. Have to say great firm, fantastic people... What people keep forgetting is that GS was probably the only big IB that did not require a bailout but was forced to accept one along with the others to stabilize the markets.. They were fantastic risk managers and had already taken a calculated bet against the mortgage markets, the crisis wouldn't have happened if only other banks were that diligent..

Love the part about making money from a fine. Classic

CNBC been uploading banger after banger. I’m liking this content!

Goldman Sachs #1. The most hated bailout that worked.

Legend has it that Goldman sachs is still alive today.

The closing line of these video is fire. These guys are truly the smartest guys in the room.

loved the looks CEO of Goldman's was getting when recommending the bail out, says more than words can!!!

Loving these CNBC documentaries.

Welcome to the World of Banking, where you can turn a fine into a Profit 😂

Criteria for CEO of Goldman Sachs: Don't have hair on your head.

THAT BEAT IN THE BEGINNING GOES HARD!!!!!

That rise from 2008 during the crash to 2009 with the big hike in that net income chart is your bailout tax money people.

Pure Evil. Just watch for GSCO on your level II screen and you can observe them doing evil things. Jail everyone there and break it into a dozen new banks. Put some REAL rules in place, and actually ENFORCE them. No more slap on the wrist fines, imprison those in charge.

Man. These videos are actually really well done. I’m impressed!

I love all CNBC's videos about banks. Please keep them coming!

Goldman’s CEO DJ’ing just makes me think he’s the business equivalent of Amy Poehler’s “cool mom” in Mean Girls.

When Hank Paulson became Treasury Sec., he was able to cash in on his GS equity w/o having to pay tax.

Success is not final; failure is not fatal: it is the courage to continue that counts. Business opportunities are like buses, there’s always another one coming.

The background music is killing it, just like Goldman!

I love these CNBC documentaries

How trading division made money during the crisis? As the story goes from UKposts documentaries and the big short movie.... Derivatives, in English, bets. They made bets at the 10th hour that the housing market would crumble, repackaged & sold investments that they had on hand linked to the housing market to unwitting clients, and then what they couldnt sell... Well they had AIG insure the downside of the investments left which were linked to the housing market, and when it crumbled, they made a killing. Meanwhile clients who bought advice from them were advised to do the opposite... and obviously they charged the clients for that advice.

How come they don't teach these classes in High School???

"To Targeting Congress, The Treasury, and No-Strings-Attached Backdoor Bailouts". There, I fixed it for you.

And that's why Apple choose them for Apple Card

1:09 "Vampire Squid" is the handle Matt Taibbi gave them in his Rolling Stone article. It's a good read, I recommend

This is great, CNBC is the only place that provides a true and detailed history of companies like this one. Anywhere else, the story of the company is manipulated to support a point of view.

From Investment Banking to Retail Banking. A true diversification

These "people" have the entire US finance system in their hands.

CNBC is doing really great. I'm loving it.

Investment is the stepping stones for success. Waiting for the government to provide is total waste

This was serious quality.

Marcus Goldman was born Mark Goldmann ] His family was Ashkenazi Jewish. His paternal grandfather was called Jonathan Marx

1:07 I can't believe they are eating caviar with a metal spoon. Philistines.

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This has been the greatest thing that has ever happen, thanks For your testimonies it has helped a lot

Risk Management is a global pre-need and synergistic reality ... to everyone in business ❤️👍🏼

My very first credit card I got two years ago was from Goldman Sachs, via Apple. And I love it. So damn convenience to never have to carry a wallet ever again. My Apple card is still in the case it came in.

It's still kinda funny how Goldman has maintained the image of having the most successful traders when the numbers clearly don't support this statement.

PhDs we locked in a cage somewhere 😂

I appreciate you sharing your knowledge about history and genealogy. When I do genealogy research it gives me perspective on what my Dad, Fred White lived through and how my life has been a lot easier than my Dad Fred's life was in the 1920s and 1930s and 1940s, and 1950s. When I do genealogy research it improves mental health because it develops how I think. When I read and learn about World War 2 and what it was like before they had public assistance, it changes the way that I think. The government created public assistance which is food stamps and HEAP and cash assistance and SSI in about 1976 which means that my Dad Fred and my grandparents did not have public assistance because public assistance did not exist in the 1920s and 1930s and 1940s and 1950s and 1960s. Some of my Dad Fred White's family members died in the Holocaust in Europe

Please do another video on Citibank or Morgan Stanley.

They constantly send me offers thats like 2-3 times the rate of most personal loan offers I get. 😂🤷🏻‍♂️

When I see the thumbnail of CNBC, I always think it's Huawei. You guys are really competing on brand recognition with that logo.

Really interesting journey of GS. Curious to know about its future path.

7:42 Might want to charge your phone

The CEO is a part time Dj🤣

How appropriate that there is a gangsta rap beat to introduce GS in this video. Because everyone know Goldman is gangsta.

How do you buy notes payable and sell it? I only heard of factoring receivables but notes payables as well??

Mike Mayo talking about cheese burgers, i love this

this is what happens when you complicate things to cheat people

"Smart people tend to end up in positions of power." Our choices for president are four more years of Donald Trump or Joe Biden. Enough said on that theory.

Great video, very clear and doesn't seem biased

I’m locked in on some CD’s with Goldman Sachs. Very easy to use and has been a good bank for me so far, and I’m not rich (yet)

A DJ CEO, that alone makes me want to run away from doing any business.

Music @ 1:34?

"They have served heads of state, corporations, millionaires billionaires and now they are serving you, the consumer". Man this so felt like consumer is a modern day commoner and the others are royalty.

Happy new year!

Apple card: "Variable APRs range from 13.24% to 24.24% based on creditworthiness." Didn't realize that running a credit on a credit card was that expensive. Think I will continue to pay everything in full every month.

“Too big to fail” describes GS’s bonus scheme!

It's Sue Herrera from Nightly Business Report at 9:49 :-) I love her and Bill and NBR :-)

Great way to do a story about Goldman Sachs by CNBC.

I feel a bit smarter now bout bankings. Thanks

I'm not going to say what I think about every video (that y'all are great); instead, I'm going to say that CNBC is staying true to their viewers. What do I mean that? I use to watch Business Insider for their reports on businesses and random topics they deemed were popular for the new population on UKposts. However, they have slowly transitioned away from good content to clickbait, which they are great at. Nevertheless, CNBC is staying true to its brand and providing us with great reports on companies and current events. Props to the team that does UKposts videos. I can't wait to watch and learn more.

"To forget would be not only dangerous but offensive; to forget the dead would be akin to killing them a second time." -Elie Wiesel Yom HaShoah begins at sundown tonight. Please join me in pausing and remembering the six million Jewish lives lost during the Holocaust. Let us honor their memory and keep them in our hearts. #NeverForget #NeverAgain Some of my Dad Fred White's family members died in the Holocaust in Europe When I know about what my Dad Fred White has lived through in the 1920s and 1930s and 1940s and 1950s and 1960s it gives me a different perspective and I realize how much easier my life is compared to what my Dad Fred White lived through

I need to know this app is not available on play store..... what is the reason in behind GS

21:39 You missed a key detail in GS transformation into a retail bank. GS needed to be a bank to qualify for the TARP bailout funds. That stupid Marcus app is of no strategic importance.

Senior management was unaware of the activity going on in the company..its not like they're stupid or anything.

Very informative, thank you

I think this is probably one of CNBC's most important case studies. While we fight over "ideologies," Goldman uses their skill set to grow their power and influence to sectors outside their field to better suit their agenda. As they've demonstrated, they hedge their bets by playing to BOTH sides of the political spectrum and ALWAYS PROFIT as a result. They are the definition of "exploit any and every opportunity to the fullest." All the while passing on their losses to those who aren't in their inner circle. They are also the poster child of how decrepit society in the world as a whole is. They lie to their customers about their "product" and quality, become a key figure in various economies as well as big players, rewriting the laws to their own favor while MOSTLY remaining secretive and out of the public's eye, all the while destroying the average person and their families from a direct or indirect result of their actions. Ironically it sounds like I'm describing the illegal drug trade. Only difference is that one faction is paranoid about being destroyed at any given moment while the other makes sure the predators are always on they're side.

They are from Bavaria? That’s what I guessed with that names. Goldmann und Sachs. 🤔 Incredible there were two wars between the countries.

11:29 and 11:49 Steve Mnuchin alway with the villainous smirk.

I didn’t know GS invented the concept of net present value

Now do a video on JP Morgan chase

Imma need the name of that first beat tho

Risk of losing capital is one thing but recording this video while facetiming with 9% of a battery 7:41. Maaan this guy is another beast

they are the smartest guys in the room. don’t play with 🔥

Why are most person being dodgy about how they made money in 2020? We all know what's been buzzing for months now, so why the dribbles.

Whats the name of the music that starts at 0:27?

Wow, just wow. I don't know if I should be impressed or scared.

"They were making business with Millionaires, Billionaires and now they want to do business with you - The consumers" OOPS

GS isnt like silicon valley. GS knows how to interept the law funny and has people in power to give them a break. More like legal gangsters.

Banks take your money and reinvest it they don’t just have the money sitting there 😂😂😂😂

0:36 This Korean descendant reporter's last name is a real word.

MALAY SUBTITLES Part 2 of 5 05:14 Semasa saya mula di luar sana, Goldman Sachs mungkin berada di tempat kelima atau keenam dari segi menjadi syarikat terkemuka. 05:22 Tidak sampai saya mengatakan akhir 70-an dan awal 80-an ketika Goldman Sachs, kerana aktiviti pelanggannya dan 05:33 perbankan pelaburan, perjanjian yang dilakukannya dan seterusnya, mulai mendapat reputasi sebagai standard emas perniagaan perbankan pelaburan. 05:42 Saya rasa komitmen untuk cemerlang dan toleransi yang sangat rendah 05:48 kecerobohan dan banyak perhatian terhadap perincian 05:53 dan yang memulakan keseluruhan perbincangan mengenai budaya dan 05:57 budaya Goldman berbeza dengan yang lain. 06:01 Untuk tahap tertentu, walaupun perbezaan itu memudar ketika 06:06 era perdagangan mula berjalan. 06:09 Ketika Gus Levy yang menjalankan perniagaan perdagangan mengambil alih syarikat tersebut sebagai 06:13 rakan kanan pada tahun 1969, Goldman Sachs mula mengambil lebih banyak risiko. 06:17 Apabila anda adalah perkongsian peribadi, 06:19 mereka membuat pertaruhan dengan wang mereka sendiri dan itu sangat membantu 06:23 mereka dapat mengurangkan pengambilan risiko yang melampau dan memastikan bahawa firma itu 06:28 secara keseluruhannya berhemah kerana jika firma itu berada di bawah, itu sebenarnya 06:32 rakan kongsi yang namanya ada di pintu atau yang modal di firma, 06:36 wang mereka akan hilang. 06:37 Tetapi ketika bank pelaburan mula dibuka pada tahun 1970-an, banyak perkara 06:42 mula berubah. 06:43 Tiba-tiba anda harus beralih dari budaya perkongsian ke bonus 06:47 budaya di Wall Street bermula dari tahun 1970 dan sekarang kita datang di 06:51 50 tahun shenanigans seperti ini. 06:54 Lima puluh tahun orang mendapat ganjaran kerana pada dasarnya mengambil besar 06:57 risiko dengan wang orang lain. 06:59 Para peniaga cerdas jalanan, berorientasikan penjualan, memberi perhatian kepada anda 07:05 bahagian belakang dan mari kita pergi ke jenis permainan Knicks, sering menggunakan idea untuk 07:10 perdagangan yang datang kepada mereka dari sekelompok PhD yang kita kunci dalam sangkar di suatu tempat. 07:11 Tetapi ia adalah susunan yang berbeza dari 07:18 kumpulan perbankan pelaburan yang menganggap diri mereka lebih banyak 07:22 intelektual. 07:24 Pada tahun 1981, Goldman Sachs memperoleh sebuah syarikat perdagangan komoditi, J. 07:29 Aaron dan syarikat. 07:30 Ini menandakan perubahan strategik dalam perniagaan untuk bank dan masa depan 07:34 pemimpin seperti Lloyd Blankfein dan Gary Cohn meningkat melalui perdagangan 07:38 pangkat. Sebilangan besar kepimpinan firma berpindah dari 07:43 sektor perbankan pelaburan hingga ke sektor perdagangan. 07:48 1980-an menyaksikan kenaikan ekuiti swasta di Wall Street, broker kuasa 07:53 budaya yang dikuasai dan Goldman menyaksikan beberapa pesaing terbesarnya 07:57 mengaut dolar dalam jumlah besar dengan pergi ke depan umum. 07:59 Bear Stearns pada tahun 1985. 08:01 Morgan Stanley pada tahun 86 dan kemudian Lehman Brothers pada tahun 1994. 08:07 Goldman membuat beberapa tawaran besar seperti pembelian Rockefeller 08:10 Pusat pada tahun 1995 tetapi syarikat itu terus bekerjasama. 08:14 Saya menyertai pada musim panas tahun 95. 08:18 Dan saya katakan saya sangat bernasib baik kerana saya rasa saya seperti 08:21 ini adalah orang kelima yang pernah bergabung sebagai rakan kongsi ketika itu 08:24 perkongsian jadi saya berasa sedikit takut kerana anda tahu saya 08:29 memasuki perkongsian yang luar biasa ini dan kemudian saya tidak tahu apa 08:33 ia akan menjadi seperti. 08:35 Saya tidak akan lupa pada hari kedua saya mendapat e-mel dari Jon 08:39 Corzine yang tentu saja CEO bertanya kepada saya apa yang saya fikirkan 08:43 lira. Dan saya terkejut. 08:45 Dan saya memberinya jawapan dan dia menjawab saya dalam masa setengah jam. 08:49 Saya fikir wow, ini adalah tempat yang sangat bagus. 08:52 Sebenarnya dalam masa tiga bulan saya berada di sana mereka mempunyai yang pertama 08:56 apa yang menjadi perbahasan mendalam yang cukup terkenal 09:00 semua rakan mengenai sama ada mereka harus atau tidak boleh disiarkan secara terbuka dan 09:03 keputusannya adalah tidak. 09:04 Sejak sekian lama, anda merasakan bahawa Goldman adalah kehendak istimewa 09:08 lebih baik dari peribadi. 09:09 Anda tahu lama-kelamaan orang yang berada di Goldman maksud saya 09:13 mereka tidak akan pernah mengatakannya dengan cara begitu tetapi mereka menjadi tamak. 09:16 Mereka menyedari jika mereka dapat membuat liputan umum pada nilai buku sebanyak empat kali 09:19 berjaya menghasilkan banyak wang dan benar-benar kaya. 09:23 Maksud saya sebenarnya tidak ada alasan sama sekali Goldman untuk tidak pergi 09:27 awam. 09:28 Kerana ia begitu besar idea bahawa ia berkelakuan dengan tepat 09:34 Falsafah yang sama dengan semangat perkongsian yang asal nampaknya bagi saya 09:38 tidak benar seperti nilai perkongsian yang dicadangkan. 09:45 Jadi saya seperti anda tahu mengapa tidak hanya menjadi syarikat awam. 09:49 Debut besar dijangka esok untuk orang awam Goldman Sachs 09:52 menawarkan, IPO adalah 10 kali ... 09:55 Ia adalah salah satu IPO terbesar dalam sejarah pada masa itu dan syarikat 09:59 mengumpul tiga mata tujuh bilion dolar. 10:02 Itu menjadikan rakan kongsi kaya raya. 10:05 Rakan kongsi terkemuka di firma itu mungkin menghasilkan sesuatu seperti 300 juta 10:09 dolar, bahkan rakan kongsi yang lebih senior membuat sesuatu seperti 100 juta 10:13 dolar. Jadi itu adalah gaji yang besar di seluruh syarikat. 10:18 Itu adalah bonanza. 10:19 Ini adalah kejayaan besar.

i was skipping the youtube ads and now watched 24 Minutes Ads Content