Customer Quote by Andrew Ross Sorkin
““Everyone thinks Goldman is so fucking smart,” he railed. “Just because Goldman says this is the right valuation, you shouldn’t assume it’s correct just because Goldman said it. My brother works at Goldman, and he’s an idiot!””
About This Quote
Blind trust in authority is flawed; expertise does not guarantee correctness, and personal bias can corrupt judgment.
In simple terms: Authority isn’t infallible.
Key Takeaway
Critically evaluate expert claims.
Themes
critical thinking
authority
bias
financial analysis
Mood
wry
cautious
Type
financial commentary
personal anecdote
When to use this quote
- investment decisions
- reading analyst reports
- evaluating news sources
Key Concepts
cognitive bias
institutional trust
Practical Applications
- cross‑check expert opinions
- recognize personal bias
Questions to Reflect On
- How do you balance respect for expertise with healthy doubt?
- What signals indicate an expert’s bias?
A Different Perspective
Over‑skepticism may lead to dismissing valuable expertise.
