Money
Blankfein Trades Daily on iPad Despite Running Goldman Sachs for Decades
My First Million
How the Ex-Goldman CEO actually invests his own money
What was said
"I'm not sure what I did because I put in orders. Knowing that you were gonna tie me up and I wasn't gonna be able to look at stuff, I told people what to do. I buy and sell a lot of stuff. I don't want to talk about specific things because people listen to these things on different days."
Lloyd Blankfein, former Goldman Sachs CEO, revealed he actively day trades multiple times daily using only an iPad and phone, managing a portfolio that is 98% risky assets with 75-90% in individual stocks rather than ETFs. He described trading as background noise comparable to listening to music and admitted it takes discipline not to check his screen during conversations. Unlike typical retirement portfolios, Blankfein's approach reflects decades of professional trading experience applied to personal wealth management.
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Attributed speaker claim
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- Programme
- My First Million
- Episode
- How the Ex-Goldman CEO actually invests his own money
- Clip time
- 18:21
- Original source
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My First Million