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“Focus on the Fastball”

Motley Fool Money

Goldman Sachs' Shift to Asset and Wealth Management

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The chapter discusses Goldman Sachs' transition from consumer banking to asset and wealth management, highlighting their unsuccessful ventures in consumer banking. The speakers emphasize the importance of sticking to core competencies and cutting losses when necessary. They also touch on rising consumer credit card balances and the challenges of being relied upon for credit.

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