5 ms·
Google does not "manage" it's market value, because most of it is frozen, not readily available for Google's CEO to spend. It is also mostly virtual, while GS a
by mamon 9y ago
Google does not "manage" it's market value, because most of it is frozen, not readily available for Google's CEO to spend. It is also mostly virtual, while GS assets are hard cash.
The point is: with $1.5 trillion in assets, Goldman Sachs can, just by slight adjustment in its investment policies, make whole countries prosper economically, or ruin them. Google does not have that much influence.
- notyourday 9y agoOf course it does, it simply chooses not to. If Google re-prioritizes search results for entities it believes are in a specific country, that country is going to have a recession much faster than if GSCO attempts to influence it via policy
- deleted 9y ago[deleted]