What's Really Going On At Goldman Sachs?

The Compound and Friends

Josh Brown

Business News, Business, Investing, News

4.7 • 2.2K Ratings

🗓️ 25 July 2023

⏱️ 94 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

On this TCAF Tuesday, Willam Cohan joins Downtown Josh Brown to discuss what's going on at Goldman Sachs. Then, at the 34:40 mark, join Josh and Michael for an all-new episode of What Are Your Thoughts and see what they have to say about the biggest topics in investing and finance! On this episode they discuss: the earnings recession, the Dow's win streak, expensive stocks, the movie business, diverging sentiment, and more! Thanks to Kraneshares for sponsoring this episode. For more information on KLIP, visit: https://www.kraneshares.com/klip/ and be sure to check out Ben and Michael's recent Talk Your Book with Kraneshares COO discussing the KLIP strategy: https://kraneshares.com/talk-your-book-internet-stocks-with-income/ Check out the latest in financial blogger fashion at The Compound shop: https://www.idontshop.com Investing involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. Michael Batnick and Josh Brown are employees of Ritholtz Wealth Management and may maintain positions in the securities discussed in this video. All opinions expressed by them are solely their own opinion and do not reflect the opinion of Ritholtz Wealth Management. Wealthcast Media, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. For additional advertisement disclaimers see here https://ritholtzwealth.com/advertising-disclaimers. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information. Obviously nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities. See our disclosures here: https://ritholtzwealth.com/podcast-youtube-disclosures/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Ladies and gentlemen, welcome to the compounding friends.
0:02.9	We're putting this episode out on Tuesday night July 25th.
0:06.5	We've got a really great show for you here.
0:09.2	First things first, we're going to talk with Bill Cullhand.
0:11.6	If the name sounds familiar, Bill is one of the best
0:15.3	investigative journalists, opinion writers,
0:18.2	and just all around guy who knows what's going on in terms of Wall Street.
0:23.7	And as I talk about later,
0:26.2	he is one of the people who excels at covering
0:29.6	the business of business.
0:31.4	If his name sounds familiar, you've probably seen his columns
0:35.3	at Vanity Fair over the years.
0:37.5	He's also the author of several best-selling books.
0:40.6	House of Cards is perhaps one of the most well-known.
0:43.8	He wrote The Last Tycoons, which is about Lazard Fraire.
0:47.4	Money and power was his book about how Goldman Sachs came to rule the world.
0:52.4	He wrote The Price of Silence about the Duke LaCrosse Affair.
0:57.3	Most recently, Power Failure, which is the story of the rise and fall of General Electric.
1:04.4	So we have Bill on to talk about the most recent quarterly report
1:09.2	and rumors in the UN though involving Goldman Sachs.
1:13.7	There's talk of a power struggle.
1:16.0	There are a lot of really unhappy people at Goldman Sachs,
	...

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