Latest Interviews
Showing 76–90 of 226 interview transcripts.
Clear all filters- Goldman Sachs33 min
Axios’ Jim VandeHei on how to build a modern media company
Jim Vande Hei co-founded Politico and later Axios to fill a critical gap in political and business journalism by leveraging digital speed, a two-tiered revenue model, and a proprietary "smart brevity" style to outperform legacy media. The venture rapidly scaled from a team of three to a diversified enterprise encompassing niche B2B intelligence, local news operations, and an AI-driven communication subsidiary led by co-founder Roy Schwartz. Despite early skepticism from industry veterans, the company established a resilient culture built on aggressive hiring standards, direct feedback mechanisms, and a strategic focus on specialized content to ensure long-term viability in a fragmented media landscape.
- Goldman Sachs24 min
Mid-year outlook: diversify and hedge
Christian Mueller-Glissmann, Alexandra Wilson-Elizondo, Alison Nathan
Goldman Sachs strategists Christian Mueller-Glissman and Alexandra Wilson-Elizondo analyze a complex macro environment where unprecedented volatility in equities, bonds, and the dollar has converged, yet the US economy remains on track for a non-recessionary cool-down. They recommend a shift from traditional diversification toward a "constellation" of alternatives and selective optimism, highlighting opportunities in defensive stocks, European banking, and private capital while warning of elevated summer risks from tariffs and geopolitical tensions. The consensus advice is to embrace growth trajectories while hedging against near-term liquidity thinning, anticipating a market recovery driven by policy clarity and positive fiscal dynamics extending into 2026.
- Goldman Sachs20 min
Is a US fiscal crisis ahead?
Kenneth Rogoff, Niall Ferguson, Allison Nathan, Ken Rogoff, Neil Ferguson
Economists Ken Rogoff and Niall Ferguson argue that the United States faces an unsustainable fiscal trajectory driven by rising global interest rates and a critical threshold where sovereign debt servicing costs have surpassed defense spending. They warn that without political reforms or productivity breakthroughs from artificial intelligence, the nation risks a rapid financial crisis involving inflation or a permanent erosion of the dollar's reserve currency status. This convergence of historical parallels and modern geopolitical fragmentation suggests the U.S. must navigate a difficult choice between austerity, higher inflation, or diminished global influence within the coming years.
- Goldman Sachs25 min
How to win: Steve Cohen on markets and the Mets
Steve Cohen, Tony Pasquariello
Steve Cohen, founder of Point72, discusses the firm's strategic pivot toward a conservative multi-strategy model and the integration of AI to generate alpha amidst declining market efficiency. While ceasing personal trading to focus on mentoring portfolio managers and managing the New York Mets, Cohen outlines his vision for expanding the firm's private credit pillar and developing a major resort complex in Queens. He further details his leadership philosophy, emphasizing direct communication and the creation of internal talent pipelines over external acquisitions to sustain long-term performance.
- Goldman Sachs28 min
Nelly Korda: The drive behind a world no. 1 golfer
Ranking world number one with 19 professional wins and Olympic gold, Nelly Korda draws upon a tennis-obsessed Czech American family legacy to fuel her 10-year LPGA career marked by a rigorous daily routine and a "process" philosophy. She leverages partnerships with Nike and TaylorMade while mentoring younger athletes, viewing the sport as a marathon that requires avoiding data over-reliance to prevent a robotic mindset. Looking ahead, Korda plans to team with her sister at the Dow Championship while championing co-ed events and male advocacy to further the growth of women's golf.
- Goldman Sachs25 min
How Goldman Sachs’ John Waldron is navigating “a more uncertain time”
Goldman Sachs reports that the U.S. economy remains resilient against recession fears despite April tariff shocks, though persistent fiscal deficits and policy uncertainty continue to constrain corporate capital investment and global capital allocation. The firm has moderated its own risk positioning while anticipating a resurgence in capital markets activity this summer, provided no further exogenous policy disruptions occur. Leadership is simultaneously pivoting toward operational excellence and technology infrastructure to stabilize revenue streams and navigate a volatile environment defined by shifting interest rates and tariff trajectories.
- Goldman Sachs30 min
Alnylam’s Yvonne Greenstreet on RNAi and a ‘golden era’ in biotech
Alnylam Pharmaceuticals leverages a decade of RNA interference research to achieve a 55% clinical success rate and recently secured approval for Amvutra to treat hereditary transthyretin-mediated amyloidosis. Under CEO Yvonne Greenstreet, the company aims to become a top-five biotech leader by 2026 through a five-year strategy to deliver 25 clinical programs and expand into common diseases like hypertension. To reach this goal, Alnylam integrates AI-driven drug design with a culture of diversity and patient advocacy to de-risk development and target tissues beyond the liver, including the central nervous system.
- Goldman Sachs24 min
How AI, tariffs, and the energy transition are reshaping infrastructure investing
Large institutional investors have allocated 6% to 7% of assets to infrastructure, a sector that generated nine percent returns since 2022 while evolving from traditional transport dominance to focus on energy transition and digital assets like AI-driven data centers. Goldman Sachs identifies key opportunities across four segments, noting that solar plus storage is now cost-competitive and that European markets are gaining traction due to Germany's massive infrastructure plan, despite geopolitical and liquidity risks in specialized areas. To capitalize on these secular trends in decarbonization and digitalization, investors utilize closed-ended funds targeting mid-teens returns or evergreen vehicles for long-term capital appreciation.
- Goldman Sachs22 min
A world of opportunity: Rob Citrone’s best ideas
Rob Citrone, Tony Pasquariello
Discovery Capital Management founder Robert Citrone outlines a macro strategy delivering 50% annual returns in 2023 and 2024, driven by high-conviction short positions in U.S. regional banks and a bullish thesis on Latin American markets. Citrone forecasts a "fake recession" in the U.S. before a 2026 boom fueled by tax cuts, predicting higher Treasury yields and resisting near-term Fed rate cuts while championing Argentina's fiscal reforms as a prime investment opportunity. The firm combines Julian Robertson's stock-picking with George Soros's risk management, leveraging a unique 24-hour trading cycle and direct global policy access to capitalize on emerging political shifts and market inefficiencies.
- Goldman Sachs25 min
Is Fed independence at risk?
Richard Clarida, John Cochrane, Alison Nathan
The Trump administration is actively pursuing legal challenges to overturn the *Humphrey's Executor* precedent, aiming to eliminate "for-cause" protections for Federal Reserve officials and subject them to direct presidential removal. While structural checks like the Federal Open Market Committee's voting system and Senate confirmation remain, this strategy threatens to destabilize financial markets by introducing uncertainty over the central bank's ability to maintain price stability. Experts warn that removing these independence safeguards could distort inflation expectations and encourage mission creep, as the Fed faces pressure to expand beyond its statutory mandate into areas like climate risk and housing policy.
- Goldman Sachs42 min
Harvard’s Raj Chetty on upward mobility in America
Research by Dr. Raj Chetty and the Opportunity Atlas team reveals a sharp decline in intergenerational income mobility, with the likelihood of children out-earning their parents dropping from 92% for the 1940 cohort to roughly 50% for those born in the mid-1980s. The analysis identifies four primary drivers of upward movement, with cross-class social capital acting as the strongest predictor, while highlighting successful local interventions like Charlotte's $160 million investment and Vaughan College's model that combines high access with strong technical outcomes. These findings suggest that targeted strategies integrating financial aid with social support can effectively reverse trends of regional inequality without relying solely on broad federal policy changes.
- Goldman Sachs24 min
Repricing risks post tariff truce
Tony Pasquarello, Dominic Wilson, Josh Shiffrin
A panel of analysts forecasts a low but non-zero recession risk while projecting 1% growth amid a "higher inflation, lower growth" environment driven by effective tariff rates of 12% to 13%. The Federal Reserve is expected to cut rates in 2025 if unemployment exceeds 4.5%, potentially ushering in a dovish regime that supports equities despite narrow paths constrained by bond market volatility and deficit concerns. While U.S. dollar depreciation may cushion equity performance, the discussion concludes with a cultural segment where Josh Shiffrin and Dominic Wilson critique the narrative outcomes of *Lost*, *The Shining*, and *The Departed*.
- Goldman Sachs42 min
From CIO to CEO: TCW’s Katie Koch on running a $200B asset manager
TCW President and CEO Katie Koch, a former Goldman Sachs CIO with two decades of investment experience, is steering the firm's strategic evolution from its fixed-income heritage into private credit and ETFs to address a shrinking public market landscape. Leveraging significant dry powder during recent market dislocations, Koch emphasizes a culture rooted in integrity and psychological safety while executing active management strategies designed to generate outsized returns for institutional clients. Her leadership philosophy blends operational discipline with personal values regarding resilience, aiming to provide holistic investment solutions that allow borrowers and investors to navigate volatility across both public and private asset classes.
- Goldman Sachs25 min
Wise Founder Taavet Hinrikus on Europe’s Tech Renaissance
Taavet Hinrikus, Clif Marriott
Tavit Tammemäe catalyzed Estonia's transformation into a European tech powerhouse by co-founding Skype, which triggered a wave of successful exits, and later launching the fintech unicorn Wise. Transitioning from operator to investor, he founded Plural in 2021 alongside four other former European CEOs to deploy €500 million in Fund II toward complex, high-impact sectors like defense and healthcare AI. The firm targets "obsessed" founders capable of building $100 billion companies, aiming to replicate the scalability of Skype and Wise within the European market.
- Goldman Sachs22 min
AI Exchanges: How tech giants are navigating the AI landscape
Eric Sheridan, Allison Nathan, George Lee
Major technology giants are sustaining record capital expenditures through 2025 to solidify AI infrastructure dominance, with Goldman Sachs projecting this peak intensity to slow in 2026 despite tariff-related cost increases. Executives from Meta, Alphabet, and Amazon characterize the sector as being in the early innings of a third computing shift, prioritizing defensive positioning and infrastructure monetization over immediate application-layer profitability. Although investor sentiment remains bifurcated by macroeconomic risks, current valuations reflect a strategic reliance on these incumbents' unprecedented balance sheet scale to navigate the transition from raw training to commercial deployment.