3 ms·

Nope, history shows the opposite when it comes to investment decision making.

• Zetice 4y ago
  Er, no it doesn't. How much about each of Goldman's investments do you think David M. Solomon knows in depth? They make thousands of deals each year, it would be insane and unsustainable for him to have deep knowledge about each, so he delegates. If you're talking about fundamental analysis, you'd also be wrong, as my copy of A Random Walk Down Wall Street makes pretty clear. "Know a bunch of stuff about a company" is not a good investment strategy, or at least does not keep pace with well diversified index funds.
  • danielmarkbruce 4y ago
    History of investing. Goldman is almost all services with a touch of principal investing. Random walk is a book written by an academic.
    • Zetice 4y ago
      These aren't sentences, care to try again?