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Rob Goldstein

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2026-04-30
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2026-04-30
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  1. And I know, and when I say this to 20 something year old, 30 something year olds, including my own children who are when they're early 20s, a lot of the people back then didn't even have computers. Like computers were like there was one for a group of people as opposed to everyone had one on their desk. So the thesis behind forming Blackrock was that we could actually build models that would help provide risk transparency for those type of instruments and help the end asset owner, we could build those models and through the Sun Workstation as the innovation, if you were reasonably clever, you didn't need to be a genius, but if you were reasonably clever, you could buy 10 Sun workstations for $10,000 each and link them together. And effectively do what previously only supercomputers, that cost millions of dollars.

    2026-04-30 · Odd Lots · BlackRock's Rob Goldstein on the Next Megatrends in Finance · IDENTIFIED FROM THE TRANSCRIPT · source

  2. Station and Bengal. Yeah. And Ben is still a close friend and mentor. Ben being one of the founding partners of BlackRock. I think if you zoom out a little bit because I think the history of BlackRock is very reflective of what the past 30, 35 years have been in terms of the companies that have been most successful. And if you look at the founders of BlackRock, there were a group of people who were pioneers with regard to structured products and the evolution of the mortgage market. And what they realized is that banks at the time, the sell side, as you guys sort of laid the groundwork, banks at the time were using supercomputers and they were very expensive computers to structure things. And then the way they were selling those products was literally by faxing. Yield tables all over the world.

    2026-04-30 · Odd Lots · BlackRock's Rob Goldstein on the Next Megatrends in Finance · IDENTIFIED FROM THE TRANSCRIPT · source

  3. 100%. And what's interesting is, I think if you ordered the mega themes. Could make a very strong argument that it all comes down to technology. And technology is enabling things and value propositions to be achieved that traditionally just couldn't be done

    2026-04-30 · Odd Lots · BlackRock's Rob Goldstein on the Next Megatrends in Finance · IDENTIFIED FROM THE TRANSCRIPT · source

  4. We could do a series. And one thing I would just politely identify, I think as people talk about the big getting bigger. I think there's an underlying catalyst towards those who could provide a better value proposition are getting bigger. And I think that's the key theme that's happening, particularly with regard to the buy side.

    2026-04-30 · Odd Lots · BlackRock's Rob Goldstein on the Next Megatrends in Finance · IDENTIFIED FROM THE TRANSCRIPT · source

  5. Yes. And the question is how many hours do we have You know, needless to say those mega trends we could talk about for quite some time

    2026-04-30 · Odd Lots · BlackRock's Rob Goldstein on the Next Megatrends in Finance · IDENTIFIED FROM THE TRANSCRIPT · source