3min chapter

The Compound and Friends cover image

What's Really Going On At Goldman Sachs?

The Compound and Friends

CHAPTER

The Upside and the Downside of a Capital Markets Boom

Morgan Stanley is up 135% since David Solomon took over at Goldman Sachs. They've outperformed the XLF, the entire banking sector, which is up about 42%. And they beat the S&P,. which is up 69%. In October 2018, Goldman Sachs had an $84 billion market cap. Now it's $120. Of course, James Gorman grew Morgan Stanley in the same period of time from 80 to 160.

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