Ex-Goldman CEO: 3 sectors where I'm putting my money right now
In this episode, Sam Parr and Shaan Puri interview former Goldman Sachs CEO Lloyd Blankfein, who reveals his personal investment strategy, heavily weighted in tech, energy, and financial services, and shares his daily trading habits. He recounts the iconic story of Warren Buffett's $5 billion investment in Goldman Sachs during the 2008 crisis and discusses his unique perspective on success, anxiety, and the profound wisdom derived from studying history. Blankfein also introduces an impactful "Obituary Test" framework for living a meaningful life beyond career accomplishments.
- Lloyd Blankfein's discomfort with the term "rich" stems directly from his upbringing in the East New York projects, where financial scarcity and fretting over rent were daily realities. Read →
- Former Goldman Sachs CEO Lloyd Blankfein proposes an "Obituary Test": your career should fill no more than one-third of your eventual obituary. He suggests aiming for 3 paragraphs out of 9 total. This isn't a hard limit, but a mental model for scope. Read →
- Lloyd Blankfein, former Goldman Sachs CEO, allocates a shocking 98% of his personal investment portfolio to risky equities, focusing heavily on a few concentrated sectors. Read →