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If you’re not already doing so, you should probably sit down. Are you ready? Your taxes don’t actually pay for anything, at least not at the federal level. The government doesn’t need our money. We need their money. We’ve got the whole
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“greedy, but long-term greedy.”15 The emphasis was on sound decision-making for long-term success, and this commitment to the future was evidenced by the partners’ reinvestment in the firm of nearly 100 percent of the earnings.16”
― What Happened to Goldman Sachs: An Insider's Story of Organizational Drift and Its Unintended Consequences
― What Happened to Goldman Sachs: An Insider's Story of Organizational Drift and Its Unintended Consequences
“He thought codifying those values, in terms of behaviors, would help transmit the Goldman culture to future generations of employees. The business principles were intended to keep everyone focused on a proven formula for success while staying grounded in the clear understanding that clients were the reason for Goldman’s very existence and the source of the firm’s revenues.”
― What Happened to Goldman Sachs: An Insider's Story of Organizational Drift and Its Unintended Consequences
― What Happened to Goldman Sachs: An Insider's Story of Organizational Drift and Its Unintended Consequences
“That requires a willingness to abandon old practices and discover new and innovative ways of conducting business. Everything is subject to change—everything but the values we live by and stand for: teamwork, putting clients’ interests first, integrity, entrepreneurship, and excellence.”
― What Happened to Goldman Sachs: An Insider's Story of Organizational Drift and Its Unintended Consequences
― What Happened to Goldman Sachs: An Insider's Story of Organizational Drift and Its Unintended Consequences
“Vulnerability is not winning or losing. It’s having the courage to show up when you can’t control the outcome.”
― Dare to Lead: Brave Work. Tough Conversations. Whole Hearts.
― Dare to Lead: Brave Work. Tough Conversations. Whole Hearts.
“There is intelligent speculation as there is intelligent investing. But there are many ways in which speculation may be unintelligent. Of these the foremost are: (1) speculating when you think you are investing; (2) speculating seriously instead of as a pastime, when you lack proper knowledge and skill for it; and (3) risking more money in speculation than you can afford to lose.”
― The Intelligent Investor
― The Intelligent Investor
orgil’s 2025 Year in Books
Take a look at orgil’s Year in Books, including some fun facts about their reading.
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