I understand Goldman Sachs businesses. We do lot of…
“I understand Goldman Sachs businesses. We do lot of business with him, and GE has been - I think it's the longest running stock in the Dow Jones industrial average. It will be 100 years now it will be around. I hope I'm around then, too. And it was an attractive investment. And we have had a lot of money around, over the last two years, and we're seeing things that are attractive now.”
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
Long‑standing companies can be attractive investments, but future success isn’t guaranteed.
In simple terms: Old firms may be good bets.
Key Takeaway
Assess durability of business models.
Themes
investment
legacy
uncertainty
Mood
cautious
analytical
Type
financial
strategic
When to use this quote
- stock analysis
- retirement planning
- portfolio diversification
Key Concepts
value investing
market cycles
Questions to Reflect On
- How do you evaluate a company's future relevance?
- What risks do you see in long‑term holdings?
A Different Perspective
Past performance may not predict future results.