Streetwise Quotes

“As an exercise, I would ask a newly promoted partner, Who had your job when you were early in your career? Do you recognize that you have become that person? I blew a lot of minds that way, but I think I accelerated their acceptance of who they were and what that entailed.”
― Lloyd Blankfein, Streetwise: Getting to and Through Goldman Sachs

“Fortunately, I didn’t act disappointed. I acted as if I recognized that it was a natural and valid objection. This wasn’t from a spirit of generosity or confidence or patience; I just didn’t want to show that I was defeated or felt bad about”
― Lloyd Blankfein, Streetwise: Getting to and Through Goldman Sachs

“Having to resolve these internal conflicts wasn’t a recipe for being universally liked. I wanted to be liked, but I cared more about being appreciated. There’s a difference. I liked Corzine and Paulson. But I appreciated Hank. My goal wasn’t to have partners or more junior people at the firm think I was funny or nice. My goal was to prove valuable to them in ways that would make a material difference in their careers and lives.”
― Lloyd Blankfein, Streetwise: Getting to and Through Goldman Sachs

“More often than not, the people closest to a business are the ones who know best how to fix it. They just don’t do it until someone gives the order. People get stuck in a trap where they just keep doing the same thing because, well, we’ve done it that way since Sidney Weinberg was running the firm.”
― Lloyd Blankfein, Streetwise: Getting to and Through Goldman Sachs

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― Lloyd Blankfein, Streetwise: Getting to and Through Goldman Sachs