Latest Interviews
Showing 16–30 of 45 transcripts.
Clear all filters- Goldman Sachs10 min
From Growth to Value: Where We Are in the Equity Markets
Led by market strategist Liz, the discussion outlines an ongoing economic rotation from high-multiple growth stocks to value sectors as vaccine rollouts and reopening drives higher interest rates and commodity prices. The analysis highlights that the market is only halfway through this transition, with significant opportunities remaining in energy, materials, and industrials as U.S. GDP peaks and European or emerging market trades remain in early stages. While retail investor behavior and potential inflation risks pose short-term volatility, the narrative expects sustained performance in "growth at a reasonable price" stocks driven by the anticipated U.S. infrastructure plan and global economic recovery over the next six months.
- Goldman Sachs10 min
The Evolution of the Online Food Delivery Industry
Goldman Sachs Research identifies online food delivery as a sector where pandemic-accelerated adoption has created sticky demand, driving a shift from pure food logistics to broader last-mile services through partnerships with retailers like Walmart and Macy's. While the industry faces labor supply shifts and regulatory costs regarding driver classification, market leaders are transitioning toward operational rationalization to escape hyper-competitive pricing models. This strategic evolution signals a maturation phase where companies aim to stabilize usage frequency and improve long-term profitability by scaling networks rather than relying on loss-leading customer acquisition.
- Goldman Sachs9 min
Thematic Growth Opportunities
Following a $50 billion Q1 outflow, global equity flows have reversed as investors pivot toward thematic strategies amidst a landscape where over half of all companies face low growth. This strategic shift targets four key megatrends: cross-sector technological advancement, the spending power of 2.3 billion millennials, plummeting costs enabling precision medicine, and sustainability-driven circular economies. Regional dynamics further shape this outlook, with the EU directing half of its recovery funds to green initiatives and China's shifting economic weight accelerating domestic tech listings in genomics and environmental sectors.
- Goldman Sachs23 min
The Power of Advocacy: US Mayors
Eric Johnson, Nan Whaley, LaToya Cantrell
Mayors Eric Johnson of Dallas, Andrew Whitaker of Dayton, and LaToya Cantrell of New Orleans collectively addressed the compounding crises of the COVID-19 pandemic and civil unrest while outlining strategies to support small businesses and protect vulnerable populations. These leaders detailed significant public-private financial partnerships, such as Dallas's $10 million recovery fund and New Orleans' $50 million commitment with Goldman Sachs, to mitigate job losses and address systemic inequities. Furthermore, the mayors emphasized an urgent need for federal assistance and collaborative governance to accelerate economic recovery and build more resilient, equitable urban environments.
- Goldman Sachs28 min
Protecting You, Your Family and Your Employees
Dr. Mark McClellan, Alex Gorsky, Dr. Susan David, John
Johnson & Johnson Chairman Alex Gorski, former FDA Commissioner Dr. Mark McClellan, and psychologist Dr. Susan David discuss a unified framework for navigating the intersection of the pandemic, racial justice, and economic stability. Gorski details Johnson & Johnson's accelerated vaccine development using its viral vector platform with a not-for-profit pricing model, while McClellan outlines a four-phase reopening strategy requiring robust healthcare capacity and equitable testing access. Concurrently, David argues that organizational resilience depends on leaders adopting emotional agility to validate employee distress and realigning systemic practices with core values to address the social inequities exposed by the crisis.
- Goldman Sachs28 min
Dr. Susan David, Alex Gorsky, and Dr. Mark McClellan
Dr. Susan David, Alex Gorsky, Dr. Mark McClellan, John
Johnson & Johnson CEO Alex Gorski, former FDA Commissioner Dr. Mark McClellan, and Dr. Susan David discuss leveraging emotional agility and industry-wide cooperation to address the compounding crises of the pandemic, economic disruption, and racial injustice. J&J details its accelerated vaccine development timeline, noting a pivot to viral vector technology that aims for human trials in July and a commitment to global not-for-profit distribution. Panelists further outline a four-phase reopening framework based on healthcare capacity and testing, while projecting permanent shifts toward preventive care models and concurrent clinical study phases.
- Goldman Sachs24 min
Mayors LaToya Cantrell, Eric Johnson, and Nan Whaley
LaToya Cantrell, Eric Johnson, Nan Whaley
Dallas, New Orleans, and Dayton mayors jointly addressed the compounding crises of the pandemic and civil unrest, implementing specific lockdowns, dual disaster declarations, and targeted equity initiatives to protect vulnerable populations. Each city deployed distinct economic recovery strategies, including Dallas's $15 million small business fund, New Orleans's French Quarter re-envisioning, and Dayton's focus on minority-owned enterprises, while collectively advocating for critical federal financial support. The leaders emphasized that these disruptions present a unique opportunity to enact systemic reforms and rebuild their municipalities with greater resilience and social justice in mind.
- Goldman Sachs25 min
Michelle Gass, Gene Lee, and Jide Zeitlin
Michelle Gass, Gene Lee, Jide Zeitlin, G.J. Zeitlin, David
Executives G. Day Zeitlin, Michelle Gass, and Gene Lee led corporate responses to the George Floyd protests by prioritizing employee vulnerability and acknowledging systemic diversity gaps across Tapestry, Kohl's, and Darden. These leaders adapted their operational strategies to address the pandemic by accelerating digital adoption, rejecting third-party delivery aggregators, and implementing safety protocols that rely on community ecosystem thresholds. Their combined efforts emphasize shifting diversity initiatives from mere statistics to cultural change while ensuring frontline managers can foster inclusive environments in rapidly evolving retail and restaurant landscapes.
- Goldman Sachs24 min
The Great Reset: A Framework for Investing After COVID-19
Goldman Sachs Senior Advisor Steve Strong identifies the pandemic as a transformative rule-changing event in his report *The Great Reset*, predicting a permanent economic shift driven by the adoption of resilient business models and "sticky" behavioral changes in remote work and digital health. The analysis forecasts a regulatory pendulum swing that will favor companies with built-in redundancy over efficiency, while simultaneously fragmenting consumer markets into distinct risk-based segments that demand tailored safety and social distancing measures. Ultimately, Strong cautions investors to look beyond immediate crisis survivors toward the upcoming innovation phase, where new entrants and retooled incumbents will dominate by creating superior, more resilient economic structures.
- Goldman Sachs29 min
Andrew Roberts, Historian and Author of "Leadership in War"
Andrew Roberts, Anthony Gutmann
Andrew Roberts' latest book *Leadership and War* analyzes nine historical figures who shaped modern history, challenging deterministic views by asserting that individual will and specific personal choices, such as Napoleon's 1812 invasion, primarily drive outcomes rather than impersonal forces. The author argues that traits like charisma and moral character are irrelevant to success, identifying ruthlessness, total self-belief, and a pivotal late-twenties biographical moment as the shared characteristics of these leaders. Roberts concludes that while historical leaders like Churchill and Thatcher controlled information and embraced a sense of destiny, modern leaders face fundamentally different challenges in the digital age where censoring negative news is impossible.
- Goldman Sachs23 min
Ken Mehlman, KKR’s Global Head of Public Affairs and Co-Head of Global Impact
Ken Melman, a former National Field Director for the 2000 Bush campaign and Chairman of the Republican National Committee, led the George W. Bush re-election effort by negotiating authority that superseded senior advisors and later spearheaded a historic apology to the NAACP to address racial divisiveness. Currently directing KKR's Global Impact Fund, Melman manages a $1.3 billion investment vehicle targeting sustainable development sectors like clean water and workforce development to align financial returns with United Nations goals. He further analyzes the current populist political climate by advising candidates to prioritize engagement metrics and volatile suburban voters in key states rather than traditional fundraising totals.
- Goldman Sachs32 min
Risk Management - Goldman Sachs 2020 Investor Day
Brian Lee, Karen Seymour, Sarah Smith, Shira Fredman
A panel of four seasoned executives, including CRO Brian Lee and General Counsel Karen Seymour, outlined a risk and compliance framework defined by an independent function that integrates disciplined risk-reward strategies into all new business initiatives. The firm aims to maintain a Common Equity Tier 1 ratio between 13% and 13.5% while deploying robust stress-testing methodologies and enhanced surveillance systems to address geopolitical, climate, and cybersecurity threats. This approach ensures that control functions participate in strategic planning from day one and that the balance sheet retains fair valuation flexibility regardless of accounting designations.
- Goldman Sachs31 min
Fixed Income Investor Relations - Goldman Sachs 2020 Investor Day
Beth Hammack, Kerry Halio, Rajeshri Datta
Goldman Sachs is accelerating a strategic shift to increase unsecured consumer deposits, aiming to replace $10 billion of wholesale debt annually to reduce interest costs and fund a long-term 50-50 debt-deposit mix. Complementing this funding evolution, the firm plans to shorten its wholesale debt weighted average maturity to eight years or less while executing a targeted transition away from LIBOR by the end of 2021. These liquidity and asset-liability management initiatives, supported by robust capital buffers and conservative underwriting, are projected to lower net interest expenses by $1 billion over the medium term.
- Goldman Sachs10 min
10,000 Small Businesses UK Female Founders on Running a Business
Harriet, Anna, Michal Silver, Rachel
Founders Harriet, Anna, Michal Silver, and Rachel Jackson discuss strategies for navigating entrepreneurial challenges, emphasizing the importance of emotional transparency with investors and reframing difficulties as opportunities for growth. The panelists outline specific tactics for maintaining work-life balance, such as strict digital boundaries and context separation, while offering tailored advice on funding, personnel strategy, and sustaining passion. Their dialogue highlights a shared belief that viewing challenges as solvable problems is a distinct trait among solo female founders who leverage investor relationships for both strategic guidance and emotional reassurance.
- Goldman Sachs15 min
Perspectives from our UK Technology Degree Apprentices
Holly, Karina, Martin, Paul, Sephora
Five diverse apprentices spanning three years of the firm's program discuss how their roles evolved from foundational learning to delivering production-ready projects in fields ranging from trading market data to investment banking technology. Through a robust support system that includes mentors and diversity networks, participants navigate a flat organizational culture that values their insights while balancing rigorous technical exposure with mandatory work-life balance strategies. Ultimately, the cohort endorses the scheme as a transformative alternative to traditional university pathways, highlighting the unique advantage of graduating with an established internal network and hands-on experience in the full software development lifecycle.