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Goldman has army of analysts that are covering the field. Many many more than Even VCs that specialize in it. I would definitely write them off when it comes to
by objektif 5y ago
Goldman has army of analysts that are covering the field. Many many more than Even VCs that specialize in it. I would definitely write them off when it comes to smart investing.
- boringg 5y agoFinancial analysts != energy technologists with a scientific background. Its small money on a broad industry bet thats all in an economy with very few quality investments available. Don't read too much into it.
- EricE 5y agoSo you think it's in GS's best interest to make uninformed decisions on a continual basis? Seriously?
- boringg 5y agoNever said it was uninformed. I was implying that this really isn't a big deal except for the company who got invested in.
- boringg 5y agoPut another way it sounds like a corporate investor or VC into an industry they know a little about but have heard good things. Goldman Sachs is not known to be a good energy investor. Who knows maybe now they are.