William D. Cohan famous quotes

Last updated: Sep 5, 2024

Generally speaking, they have as many stars as other firms, but they are low-key about it, because that's not the Goldman way, but their bench is a lot deeper. I think Goldman has as many A players, but more importantly they have fewer C players. And no firm, I have noticed, has the depth anywhere like that.
-- William D. Cohan

#Stars #Player #Thinking
Having worked at four separate Wall Street firms, having seen a variety of talent at those places, and having competed against Goldman as a banker, one thing you have to be struck by is the power of their recruiting.
-- William D. Cohan

#Wall #Four #Bankers
People are pretty simple: they do what they are rewarded for doing. If they get multimillion-dollar bonuses by taking huge risks with other people's money - as they still do - then they will continue to take those huge risks, and not give it another thought.
-- William D. Cohan

#Simple #Giving #People
Is there any fairness in a system where a group of people can borrow a bunch of money to buy a company and pay themselves millions of dollars in dividends and fees, while the company itself ends up bankrupt and its employees lose their jobs, health insurance and pensions?
-- William D. Cohan

#Jobs #People #Dollars
Because I wrote a book about Goldman Sachs. And I know that, from talking to people at Goldman Sachs, that Trump is the poster child for the kind of client they don't want to do business with, mainly because he would borrow all this money from Wall Street to build his casinos, and then didn't pay it back.
-- William D. Cohan

#Children #Wall #Book
The dirty little secret of what used to be known as Wall Street securities firms-Goldman Sachs, Morgan Stanley, Merrill Lynch, Lehman Brothers, and Bear Stearns-was that every one of them funded their business in this way to varying degress, and every one of them was always just twenty-four hours away from a funding crisis. The key to day-to-day survival was the skill with which Wall Street executives managed their firms' ongoing reputation in the marketplace.
-- William D. Cohan

#Brother #Wall #Dirty

We are all made from star dust and we will all return to star dust, like a cosmic palindrome.
There are no Asian movie stars
You know what shows today are missing? Stars.
I was born by God's dear grace, in an extraordinary place. Where the stars and stripes, and the eagle fly.
There is one common thing in superstars - enthusiasm and humility towards their work. Off sets, they are big stars for others, and they carry themselves the way they want to. When they are working, they are not stars.
I rush to add that I find the Web infinitely useful for rustling up information, settling arguments or locating the legends of rock stars.
The light, the sky, the water, they were all things you looked *through* during the day. At night, they were things you looked *into*. You looked *into* the stars, you looked *into* dark rollers and the surprising platinum flash of their caps.
The banishment for life of Pete Rose from baseball is a sad end if a sorry episode. One of the game's greatest players has engaged in a variety of acts which have stained the game, and he must now live with the consequences of those acts. There is absolutely no deal for reinstatement.
Like most parents, I've been stumped by homework, the big questions, such as: 'What is the point of geography - the pilot always knows where we are going?'. Answer: 'If you didn't know any geography, people would think you were an American, and you wouldn't be able to put them right because you wouldn't know where they live.'
Well," said Pooh, "what I like best," and then he had to stop and think. Because although Eating Honey was a very good thing to do, there was a moment just before you began to eat it which was better than when you were, but he didn't know what it was called.

William D. Cohan famous quotes

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