Goldman - Is Warren Buffet a Goldman Alum or an Insider Trader?
A lot of the goldman alums that went on to found investment firms such as hedge funds would appened to them after they left. They actually a performed as well, or worse, in some cases, than the bench marks of most investors. And one of the reasons that happens is that the goldman Alums no longer being part of golden sack's deal flow. If you're not having access to those big trades that are just coming in but not executed yet, because you're not there any more, you're not goig o be able to perform.
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As a $60 billion a year investment bank engaged in market making and asset management for equities, fixed income, commodity and derivative securities for large institutional clients, Goldman Sachs, having been founded in 1869, is arguably the world’s most recognizable name on Wall Street. Known for attracting some of the best financial talent, it is both respected and feared, in some cases being accused of “ripping their clients off” in the relentless pursuit of profits. Defenders of firms like Goldman Sachs make a big deal about how they’re instrumental in the efficient allocation of (financial) capital, but one could argue the concentration of highly intelligent and motivated individuals operating what amounts to a glorified casino is a gross misallocation of human capital, robbing other critical sectors of talent that would otherwise have gone to engineering real solutions, not financial ones.
