Latest Interviews
Showing 1006–1020 of 1,514 interview transcripts.
Clear all filters- Goldman Sachs7 min
The Equity Duration Puzzle
Christian Mueller-Glissmann, Liz
Goldman Sachs Research advocates for an overweight equity position over the next year, driven by historically high equity risk premiums and the limited return potential of global bonds following the COVID-19 shock. While US growth stocks currently trade at elevated absolute valuations, the firm identifies a strategic shift toward international equities and value sectors to mitigate duration sensitivity and diversify against rising rate volatility. This outlook assumes a continued global economic recovery with contained inflationary pressures, supporting the thesis that equities will outperform bonds over longer horizons despite recent secular stagnation trends.
- Goldman Sachs15 min
Brian Niccol, Chairman and CEO of Chipotle Mexican Grill
Chipotle CEO Brian Nickell, having transitioned to Chairman, outlines a strategic vision to transform the company into a global digital entity with 6,000 locations and 300,000 employees within a decade. This expansion includes entering European and Canadian markets while introducing digital-only concepts to meet the evolving demands of a purpose-driven youth demographic. Nickell's leadership approach integrates operational rigor from his P&G and Taco Bell tenure with a renewed focus on sustainability, carbon-neutral production, and comprehensive employee mental health support to fulfill the corporate mandate of cultivating a better world.
- Goldman Sachs10 min
Orlando Bravo, Managing Partner of Thoma Bravo
Toma Bravo leveraged a conservative, hands-on operational strategy during the pandemic to navigate uninvestable markets, successfully capitalizing on the accelerated shift from on-premise to cloud infrastructure while validating the resiliency of software subscription models. The firm's long-term outlook prioritizes strict adherence to enterprise software within a controlled environment, applying a mentorship-driven framework that synthesizes deal structuring with deep operational execution to manage value creation across 3 to 5-year horizons. Despite current challenges regarding incomprehensible public market valuations, the approach maintains a disciplined focus on extracting costs and preserving fundamental business trajectories while advising emerging investors to build resilience through thoughtful, iterative practice.
- Goldman Sachs9 min
Lexi Thompson, Professional Golfer
Professional golfer Lexi Thompson leverages her early competitive upbringing and record-setting career to launch a new entrepreneurial portfolio spanning skincare, fitness, and golf products. Her business ventures, including the copper-based Lexi Skin line and a planned South Florida gym, are driven by a selection process prioritizing shared passion and a commitment to excellence. Looking forward, Thompson aims to expand her fitness brand through a mobile app while advising athletes to prioritize fundamental mechanics and professional instruction over maximum swing speed.
- Goldman Sachs11 min
What’s Next for Brazil
Maria Silvia Bastos Marques, Liz
Brazil's economy, having weathered a deeper-than-expected recession through targeted liquidity support, is projected to resume growth despite lingering fiscal concerns and uneven investment confidence. The financial landscape has accelerated digital transformation via the Central Bank's PIX instant payment system and upcoming open banking, while the private sector maintains robust ESG commitments to sustain its agribusiness dominance. Concurrently, corporate strategies are increasingly prioritizing diversity and inclusion as essential performance drivers, aligning national economic recovery with social and environmental responsibility.
- Goldman Sachs12 min
Kris Jenner, CEO of Jenner Communications
Kris Jenner, CEO of Jenner Communications, chronicles the evolution of the Kardashian-Jenner brand from the 2007 premiere of *Keeping Up with the Kardashians* to its 2021 conclusion, attributing their global dominance to relentless work ethic and innovative social media utilization. She details how the family transformed real-time digital engagement into a strategic "instant focus group" to validate products, ultimately fostering a business ecosystem where individual ventures collectively amplify family value. As the series concludes, Jenner outlines a forward-looking strategy focused on rapid product cycles and fast fashion, while advising entrepreneurs to prioritize interpersonal relationships over contracts to navigate an increasingly transient market.
- Goldman Sachs19 min
John Foley, Founder and CEO of Peloton
Peloton founder John Foley disrupted the home fitness market by pivoting from art to digitize the industry through a direct-to-consumer hardware and software platform that has achieved continuous year-over-year growth since launch. Facing 400 institutional rejections during fundraising, the company scaled its workforce from a small team to 7,000 employees by recruiting top talent from major tech firms and executing a strict non-partisan social advocacy strategy. With a vision to capture 100 million subscribers and expand globally, Foley projects the organization could evolve into a trillion-dollar entity within 15 years by combining operational efficiency with a distinct corporate culture.
- Goldman Sachs10 min
Jean Hynes, Managing Partner of Wellington Management
Jean Hines assumes the role of CEO at Wellington Management in July 2021, leveraging her expertise as a leading healthcare portfolio manager to guide the firm's $1.2 trillion asset portfolio across 50 distinct investment boutiques. Hines outlines critical long-term investment drivers, including global population aging and biomedical innovation, while emphasizing an "open collaborative platform" that grants portfolio managers autonomy within a unified research framework. Her leadership transition reflects a strategic shift toward integrating forward-looking regulatory and macroeconomic analysis, a methodology refined through her own career experiences and a commitment to cultivating deep, continuous learning for future investors.
- Lex Fridman18 min
Programming Meme Review with George Hotz
George Hotz evaluates programming memes while contrasting programmer verification methods with medical authority and advocating for the use of tools like Emacs over modern IDEs. At his company Comma, he details hardware optimizations for the Comma 2 unit alongside a hiring strategy that utilizes paid micro-internships to identify candidates familiar with OpenPilot. The discussion concludes with Hotz's theoretical stance on neural network limitations, attributing current AI barriers to the absence of an optimal loss function.
- The Economist11 min
Covid-19: how to fix the economy
The pandemic triggered an unprecedented synchronized global economic shock, forcing governments in the US, UK, and Europe to deploy trillions in stimulus and innovative income support to mitigate record unemployment and prevent social instability. This crisis has accelerated structural shifts toward remote work, digital adoption, and supply chain protectionism, challenging policymakers to balance immediate fiscal relief with long-term sustainability while avoiding the austerity errors of the past decade. Ultimately, the scale of government intervention offers a critical window to reform the relationship between the state and citizens, though success depends on managing rising debt burdens and emerging populist tensions.
- Goldman Sachs9 min
Europe’s Slowing Economic Recovery
Goldman Sachs projects a divergent global recovery where the US is expected to rebound to pre-crisis GDP levels by mid-2021, outpacing softer recoveries in the Euro Area and UK due to fiscal capacity and pandemic trajectory differences. While the outlook identifies Brexit negotiations as likely to result in minimal trade deals by mid-November, the firm classifies record sovereign debt levels as sustainable "good debt" that avoids inflationary spikes given negative output gaps and anchored expectations. Consequently, the investment strategy advises long-term holders to maintain strategic allocations while overweighting US equities over European and emerging market stocks based on superior demographics and innovation.
- Goldman Sachs10 min
Chip Kaye, CEO of Warburg Pincus
Warburg Pincus partner Chip Kaye outlined a post-pandemic investment strategy emphasizing the non-correlated potential of U.S. and Asian markets, specifically highlighting the structural economic shifts in China. Drawing on 25 years of experience, Kaye advocated for independent judgment and relationship-building over conventional crowd-following, noting that successful investing relies heavily on fate and long-term patience due to the rare frequency of truly impactful decisions. The firm continues to prioritize mentoring junior talent in qualitative skills while navigating market uncertainties with a focus on sectors like energy and aerospace rather than struggling consumer retail.
- Goldman Sachs10 min
Womenomics: Europe Moving Ahead
Recent analysis reveals that while Europe has surpassed the US in female labor participation rates and narrowed the gender pay gap through robust parental leave and childcare policies, stagnation persists for women over 40 due to a significant glass ceiling. Corporate board representation in Europe has climbed to roughly 31% but has plateaued at a target cap, with far slower progress occurring at executive management levels despite a proven 2.5% performance advantage for companies with high female leadership. Although the pandemic created disproportionate challenges for women in service sectors, the long-term shift toward flexible work arrangements and stability in the public sector may offer pathways for future equity gains.
- Goldman Sachs19 min
Jitse Groen, CEO of Just Eat Takeaway.com
Founded by Yitze Groen in 2000, Takeaway.com evolved from a university experiment into a global food delivery powerhouse by leveraging Dutch EBITDA profits to survive a fragmented European market and merge with Just Eat. Facing intensifying competition from rivals like Delivery Hero and Delivery Hero, the company strategically raised capital to fuel international expansion, eventually acquiring Grubhub in 2024 to target the consolidated US market. Groen currently steers the entity toward profitable growth while rejecting unsustainable quick-commerce models, prioritizing a low-cost marketplace strategy to capture significant digital penetration potential in core and adjacent markets.
- Goldman Sachs9 min
What’s on the Minds of CIOs
Chief Investment Officers are navigating the dual pressures of pandemic volatility and near-zero interest rates by reallocating capital from fixed income into higher-yielding alternatives like private credit and infrastructure to meet 6% to 8% return targets. Amidst uncertainty surrounding the 2020 U.S. election, these leaders are implementing broad hedging strategies and leveraging quantitative analysis to protect portfolios while integrating Environmental, Social, and Governance factors as core components of risk management. The convergence of these challenges has fundamentally shifted investment priorities for pension plans, healthcare organizations, and endowments, forcing a move from niche ESG considerations to a universal mandate for diversity and inclusion in all asset classes.