David Solomon
The Operator
Execution, delivery and performance, gets the hard thing done.
David Solomon earns The Operator designation the hard way, by running Goldman Sachs on execution rather than narrative. When the Marcus consumer banking experiment underperformed, he made the unsentimental call to exit and redirected the firm's resources with clean precision.
“Okay, and advertising. I mean, there's, you know, there's a wide, wide range of jobs. All the experiences are different. All the opportunity sets are different. When I was talking to you about out with clients, I was talking about the people that are on the client-facing roles. And one of the things I truly believe in, look, I see this.”
“When I had to go to the microfiche and look at the different stocks and see how they were trading, actually put it on graph paper and absorb the differences and do the math to explain what the percentage compounding differences were, I was learning something. That now, if you ask for it, you get it instantaneously.”
“Sure, there are there, in fact, somebody said to me recently this is unprecedented. They were talking about 10 companies that having 30 some percent of the S&P You know, waiting on a market cap base, and I was like, No, it's not unprecedented. How about the 1920s? How about the 1960s? How about the late 1990s to 2000?”
“A narrative about jobs and entry level jobs and what I mean. I don't even know what it all means. What I know is you want to be a learner through life. You go to school to get educated and to broaden yourself and to meet people. Not everybody should go to a traditional school. There should be lots of different paths.”
The David Rubenstein Show: “David Solomon”
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