YouSaid · the spoken record
Dane Holmes
- lines on the record
- 27
- first
- 2019-09-19
- most recent
- 2019-09-19
- sittings or episodes
- 1
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- podcast
Every line below is reproduced as it was said and linked to the record it came from. Nothing here is summarised or generated. Directory · Search · Corrections
“So, I actually want to bring it back to our conversation about AI and technology. I think for me, that's what I'm most optimistic about and excited to kind of see what's going to change in the years to come. I think it's really interesting to kind of be at the forefront of these different disruptions in technology and having grown up with technology. We kind of are seeing the entire life cycle almost of it. And I think coming into Goldman Sachs next year as a full-time analyst, it might be a really interesting kind of environment in which to see some of these changes slowly kind of starting to come in.”
2019-09-19 · Goldman Sachs Exchanges · What’s It Really Like to Be a Goldman Sachs Intern? · IDENTIFIED FROM THE TRANSCRIPT
“Anybody, and we live in a world where technology is such a powerful tool in the way that it connects us. And I think the impact that people building each other up is greater than anything that we can even imagine.”
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“Something that I'm passionate about is people believing in themselves and actualizing their true potential because I think that everybody has what to give and you know you mentioned that you're about to read Lean In by Cheryl Sandberg. I actually read that book just before starting my internship. My professor's recommendation, I do think that her book is an incredibly important work and the way that she empowers women to do just that, to believe in themselves and to actualize their full potential. And I look around me and I see where I landed professionally and I see where my friends landed professionally and there are a lot of really impressive firms on that list and I think what's even more important is that none of us thought twice that this is where we're supposed to be because at this point that's a given to us. We can do whatever we want and it's crazy to me to think that you know even a generation ago that wasn't necessarily the case so I am optimistic that going forward people will just empower themselves not just women men and women really”
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“Despite all the discussions that go on on all the problems in the world, when I go 30,000 feet up, I think people have more information that they ever had. People feel more connected than they ever had. People's goals and aspirations are more aligned than they've ever been. Not to sound like I'm on the set of the matrix, but I feel like the singularity is coming in a way that hopefully over time people will move towards the state of being where we focus on the 90% that binds us first to 10% that separates us. I just think understanding what's going on in the world and the shared humanity of it is what I'm kind of most optimistic about.”
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“So, I'm actually graduating in January, but until then, I'm really looking forward to my business law class. This is my third time taking a class given by this professor. I think he's really, really excellent. He does a really good job of tying in what he teaches to our lives and showing us how it becomes applicable because everything he teaches really is so practical. I guess also my dad is an attorney, so I grew up listening to all this stuff at our family's dinner table. So there's something about being in class that's really reminiscent of being in my family's dinner table and I love that.”
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“So, I actually have the unique opportunity to study abroad this fall. I'm going to be leaving for Berlin this weekend, and I'm going to be taking an international economics course out there. So I think that's going to be a really interesting exposure and kind of lens through which to study economics.”
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“Yeah, I do like to read. I just finished a novel called The Time in Between by Maria Duenas. And now I am reading a book called The Ones We Choose by Julie Clark. I read a lot of historical fiction. My favorite is the book Thief by Marcus Susak that I recommends highly.”
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“So I'm just actually finishing a book The Road to Character by David Brooks, which I find fascinating about what really drives character and people, what creates these traits and how often the pathway to tremendous character is tremendous flaws and failures in advance. So it's been a really good read and I'm also reading Homo Dias as the follow-on to Homo sapiens.”
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“I think there's a lot of room to pivot careers or transition within the firm, and that goes back to what you said about brand loyalty. So I'm not terribly surprised by that result. I also answered that I would like to work for five employers or fewer. I am very happy to have a job. I like job security. I think those are all very good things.”
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“I think kind of going back to our point earlier about brand loyalty versus product loyalty, I think I kind of look at this topic in the same way in which I'm a little bit more focused on the broader organization that I'm working for and reputability of that organization, kind of knowing the people that I'm going to be sitting next to every day. I'm definitely part of that pool that would like to work for five or less companies in my lifetime, thinking back to that brand loyalty.”
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“There's a desire to have stability there that's embedded in them. In most cases, it's been interesting the things that I view the new generation wanting are frankly things that I think most people wanted. They just weren't empowered to actually get it, and now they're a little bit more empowered to get it than they were in the past, and so they're executing, but I don't think it's fundamentally in that sense fundamentally different.”
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“It is an incredible tool for connecting us. I mean, I cannot imagine doing a research paper without Google. I do not know what our parents did, but it's also a really powerful tool for enhancing my relationships, keeping me connected to my friends, but also keeping me connected to everything going on with school. I think you really do have to recognize that there's a time and a place. So when I'm studying, my phone is on silent. If I really, really need to get things done, my phone is off. When I go to sleep, My phone is off in another room because I recognize that it is an incredibly powerful tool when used correctly, but it's also an incredibly distracting tool when you don't use it correctly.”
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“Yeah, Dane, I think your take on AI as something that's going to enhance what we currently have is quite comforting because that means that my job is not going to be replaced. But to answer your question, Jake, as much as I really have grown up with technology, I have also grown up watching technology change. I totally remember the old stuff. Yes, I know what a fax machine is. So I think that now it's really a matter for me at least of recognizing that there's a time and a place for technology because”
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“I would definitely say we take it for granted. We did grow up with technology, so we never kind of had an experience of, oh, we can't get on the internet, we can't do something that technology really helps us with on a day-to-day basis. But I really do think about it more in an academic capacity. I think it was introduced to me at the high school level of kind of how can we use technology to be more efficient, a lot of different tools about whether it was submitting an assignment, working on an assignment, all kind of focus on that efficiency, making sure that we're able to kind of get what we need to get done quickly and efficiently. And that's kind of continued throughout college.”
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“As it relates to my habits as a consumer, I can't say that I identify with product loyalty or brand loyalty, and it's so interesting because I'm taking a marketing class this semester, and the first topic that we've actually started discussing is the economics of brand loyalty. But the more I thought about it, the more I realized that for me, it comes down to price and quality more than it comes down to a specific brand or a specific product, because I could think of examples in my life where I lean toward a brand. I can think of examples in my life where I lean toward a product, and I can think of examples in my life where I lean toward one that's not intentional at all.”
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“But I think there's definitely something to be said about kind of the strength of the name of Goldman Sachs and the people and kind of just the quality of working in a place like Goldman Sachs. I think kind of going back to that brand versus product loyalty, I can definitely say that I'm one of those people who focuses a little bit more on the brand loyalty. And I think it's important to kind of know who you're working with, know who you're dealing with.”
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“Definitely agree. I know that if something were to happen and my team, let's say, disappears in the next year, I know that I still want to work at Goldman Sachs. I wasn't here specifically for the one team, although I do love my team in a very”
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“For other people, it might be, you know, playing on a sports team, for example. And I think managers should encourage people to pursue those things that are important to them. Like Catherine said, that you don't find yourself with a case of burnout because when you feel the best, I think you perform the best.”
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“I similarly am part of that 17% that answered that work life balance means to be able to disconnect at the end of the day because I view work-life balance as being able to maintain your priorities but not neglecting yourself in the process. One of the things that I like to do is read for pleasure and I won't let myself do that unless I finished reading my textbooks for the day. So being able to read for pleasure at the end of the day says to me like you did it right. But besides that, you know, I'm artistic. So I like to draw, I like to crochet. I also cook and I love having friends over and my friends all know that and they take advantage. So, you know, we're weekends of classes and my room has already been rebranded into Hotel 2C. But those are all things that are important to me. So when I approach my day, I try to make sure to weave those both in so that again I'm maintaining my priorities without neglecting myself in the process. And I think that managers should encourage that among their teams as well. Everyone has the things that they're passionate about. So I explain what those are in my case.”
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“I think for me I'm one of that 17%, so I would definitely put a focus on being able to disconnect from work just because I don't think you can be fully present with friends and family and kind of pursuing your different passions if your mind is always at work. And in order to make sure you're not burning out and you can kind of come into work the next day, really add value to your team every single day, it's important to find that time to disconnect at the end of the day in order to kind of foster that sort of environment, making sure that there is a work-life balance. It's important for managers to kind of just be on the lookout for. Is there somebody who's constantly working really late hours or coming in on weekends, working from home every day, and kind of identifying that before there might be a case of burnout, for example, just to make sure that every person on the team really does have that time to themselves to disconnect and to pursue their passions and what's important to them?”
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“So I have an obligation to them fair. That's quite a feat. So, how about for you? What is work life balance mean when you think about entering the workforce full time? And what can employers be doing better to support healthy lifestyles?”
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“Me and guided me this way, and I'm so thankful to them. But how I ended up at Goldman Sachs, I mean, I think the name really speaks for itself because it truly is synonymous with excellence, and that was my experience. Over the summer, whenever I was asked how my experience was going, I would explain that I felt challenged all around, challenged in that I was applying the things that I learned in school to my work on a daily basis, which is rewarding in and of itself, challenged and that I was further”
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“I think for me, it was really the people. That was the first thing that I was looking at. So I had a wonderful experience with all of my interviewers, and that was kind of the initial step that made me realize that Goldman was going to be a fantastic place to work. And I actually had the unique opportunity of interning here for two summers in a row. And that's exactly what I've experienced. The people are incredible, overwhelmingly supportive and helpful. I've always found that there's something you can learn from everyone sitting on either side of you. And I think there's definitely something to be said about never being the smartest person in the room. There's always something you can learn from every single person at Goldman Sachs. For sure. In addition to studying finance, I'm also studying accounting. So last summer, I interns in a public accounting firm, and it just wasn't for me. So coming into this past summer, I wanted to try something a little new, which is what led me to controllers actually long story how I ended up here, but I guess in some, I am really here due to the alumni from my school who really stopped up and became mentors.”
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“Because I've always thought of diversity as something so much larger than simply checking off boxes. Like Catherine said, I think you have something to learn from everybody around you. And while maybe easier or more natural to start that conversation with someone who seems more similar to you at the outset, I think it's equally, if not more important to start those same conversations with the people who seem different than you are because in my experience, the more you speak to the people who seem to be different than you, the more you realize that you have a lot in common. And I find that you come away having learned something. And I think there's something really, really valuable in that.”
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“Baruch, at least for me, is a very diverse school, but I would say that the difference here wasn't huge. I think Goldman's definitely making big strides in that direction. And I think something interesting just to think about in terms of managers kind of enforcing or implementing more of that diversity within their team, kind of what Dane mentioned a little bit about different perspectives kind of coming in from those diverse experiences I think is important to think about. So when I think about diversity, I don't just think of race, ethnicity, religion. Maybe I'm thinking more about kind of what have those experiences taught a person, what skill sets have they brought from there. And I think that's an interesting thing to think about in the workplace, given that different experiences will transfer into different skills and different ways that a person can add value to a team. So my experience with diversity at the firm is that the firm is much more diverse than my school, Yeshiva University. But that said, I think that within the firm, managers can best encourage and foster diversity and inclusion by using it as an invitation to conversation.”
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“Catherine, when you came here to work over the summer, does it feel more less diverse than your schools? And what do you expect from managers in terms of how they can do a better job of making people like yourselves feel comfortable”
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“So, my name is Catherine Dorvitsen. I'm from about an hour north of the city in Putnam County. I'm a student at Brew College here in the city, and I had the opportunity to intern in the securities division this summer, rotating on a few different teams within Prime Services. My name is Rebecca Scheiner. I am a super senior Yeshiva University, which is here in New York City, where I'm double majoring in accounting and finance, but I am from Chicago, and this past summer I was interning on the GS Bank LEC team and the controllers of vision here at the firm.”
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