Goldman’s Profit Decline
Goldman Sachs faces a significant 58% drop in profits, primarily due to a downturn in deal-making and a costly venture into the consumer sector. Despite these challenges, there's optimism as management has wisely pivoted away from consumer initiatives. Additionally, there's a notable scarcity of high-growth, profitable companies ready for IPOs, leaving a strong appetite for investment in the market.In this clip
From this podcast
The Prof G Pod with Scott Galloway
Prof G Markets: Carvana and Corporate Governance, Hollywood vs. Microsoft, and Oddity’s IPO
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