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Divine Intelligence, etc

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Goldman Sachs Is 12 Points Below the S&P 500 for a Five-Year Period

The economist's new cover says Goldman Sags. But Morgan Stanley's asset management strategy has been a much more steady and successful. That's really surprising that the preeminent investment bank like Goldman Sachs over a five-year period is 12 points under the S&P 500. John, I don't think they understood how worthless their brand was after the financial crisis.

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