How the Ex-Goldman CEO actually invests his own money

The difference between somebody who's really, really good and somebody who can't make it is not that great. Goldman Sachs, senior chairman and former CEO Lloyd Blankfind, your portfolio as a pie chart, what does it look like right now? I invest in risky assets. That's what's fun for me. I would say That ninety eight percent are equities. What are some of your biggest holdings? This is gonna be controversial. I don't know who I'm gonna upset, but you know, it's like Are you trading every day? Yes. That's crazy. No, it's not. It's like taking a lot of discipline not to look at my screen while I'm talking. Right now it's like that. So you're bullish on big tech. Anything else? It's been good to be bullish on big tech and I'll stop being bullish on it when it stops going up. What did the people who couldn't outperform, what did the bottom half have in common? The bigger takeaway is that I feel like I can rule the world and know I could be what I want to. I'm putting my all in it like my day's all on the road, less travel, never looking for the black. The reason why it's interesting to talk to you.

It's because I'm pretty good at building companies. You know, I built a company that was doing almost twenty million in revenue by the time I was thirty one. But I'm like I don't know anything when it comes to investing. My portfolio is basically eight. Nobody nobody knows anything. Well, that's what I've learned. Uh but it seems like you know a lot. Unlike a lot of people. I know nobody knows anything, whereas every pure everybody else just wonders. Well, that's cool. And so the m so I'm gonna ask you a ton of questions and it's come and it's gonna come from a perspective of like I actually don't know what I'm doing be in the majority of my my portfolio is which I actually think is smart is just ninety percent index, ten percent bonds. Well that's sensible.

But you day trade, which I thought was hilarious. Two things. One, I'm a pro at it. I mean that's what I did my you know, only for the last four or five decades. And the other thing is that Nothing hugely positive or usually negative is gonna affect my life. Yeah. So to me it's like a hobby. What age were you when you felt that?

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