Latest Interviews
Showing 736–750 of 1,304 transcripts.
Clear all filters- Goldman Sachs12 min
Tom Lister, Co-Managing Partner of Permira
Primera Capital navigated the early pandemic's valuation gap by fortifying its existing healthcare and technology portfolios before resuming aggressive investment in resilient marketplaces. The firm’s current strategy prioritizes securing exceptional assets despite intense competition, relying on rigorous primary-source verification and a disciplined approach to monetization timing rather than model-dependent assumptions. Looking ahead, investors are advised to maintain resilience against market pushback while preparing for a higher S&P 500 trajectory, even as geopolitical tensions between the U.S. and China remain politically driven.
- Goldman Sachs15 min
Douglas Parker, Chairman and CEO of American Airlines
American Airlines Chairman and CEO Doug Parker outlined a crisis management strategy focused on transparency, maintaining 100% employee work hours via CARES Act support, and prioritizing full cash refunds over competitor voucher practices to preserve corporate character. The airline has accelerated the retirement of roughly 150 aircraft and reduced daily cash burn to $25–30 million while projecting 2021 capacity to remain 10% below 2019 levels to align with demand constraints. Additionally, American leveraged its youngest global fleet to enforce strict safety protocols and invest in sustainable aviation fuels, aiming for profitability recovery by 2022 as leisure travel drives the market.
- Goldman Sachs7 min
What’s Next for the U.S. Dollar
Goldman Sachs analysts project a 6.1% global growth surge for 2021, anticipating a weakening U.S. dollar that benefits emerging markets and G10 currencies despite the dollar retaining its primary safe-haven status. The firm forecasts significant opportunities in equities and commodities, noting that gold and digital assets like Bitcoin are increasingly viewed as essential portfolio hedges as traditional bond yields decline. While competing jurisdictions such as China and the EU advance their financial integration, the resilience of U.S. institutions ensures the dollar remains dominant even as divergent emerging market policies create uneven recovery patterns.
- Goldman Sachs7 min
Carbonomics: The Green Engine of Economic Recovery
Mark Carney opened a high-level conference for 30 CEOs to frame decarbonization as a financial efficiency opportunity capable of mobilizing $16 trillion in infrastructure and creating 20 million global jobs. Major oil firms including BP, Total, and ENI are transitioning into broader energy entities by leveraging their operational expertise to integrate renewables, clean hydrogen, and carbon capture technologies. This strategic shift, underpinned by data showing top-quintile ESG companies outperformed peers by 320 basis points, reflects a global policy consensus moving from European leadership toward widespread adoption by the U.S., China, and Japan.
- Goldman Sachs15 min
General James Mattis (USMC, Ret.)
General Mattis argues that effective global crisis management requires the United States to resume diplomatic leadership and rebuild trust with allies, contrasting this approach with the dangers of unilateralism and the internal vulnerabilities of rivals like China, Russia, and North Korea. He emphasizes that pandemic recovery and vaccine distribution must rely on scientific consensus and multinational cooperation rather than political isolation, warning that fear and cultural ignorance can inflict greater damage than the virus or military conflict. Ultimately, the discussion asserts that restoring U.S. credibility through respectful partnerships is essential for navigating future geopolitical threats and ensuring long-term economic stability.
- Goldman Sachs16 min
Arvind Krishna, CEO of IBM
IBM CEO Arvind Krishna, who has led the company since 2020, is driving a strategic pivot toward hybrid cloud and artificial intelligence through the recent spin-off of IBM's technology services business. Krishna advocates for quantum-resistant encryption and proposed leveraging supercomputing and AI to accelerate pandemic recovery efforts, including vaccine development and remote education. Looking forward, he predicts the pandemic will compress five to ten years of digital transformation into just two years while emphasizing that human creativity will remain essential alongside these technological advances.
- Goldman Sachs7 min
November QuickPoll Survey: Views on the Market Rally, Fiscal Stimulus and Vaccine
A broadening equity rally driven by cyclical sectors and optimistic vaccine timelines is reshaping investor expectations for a return to normal economic activity. Survey data indicates that 61% of participants anticipate vaccine approval this year, while 45% predict a $1 trillion fiscal package, creating a binary path that has reduced political uncertainty despite a potentially split Congress. This confidence is further bolstered by 40% of investors favoring developed market equities as a long position, even as 29% short developed bonds in anticipation of rising yields and central banks moving away from zero rates.
- Goldman Sachs12 min
Chris Ailman, Chief Investment Officer of CalSTRS
CalSTRS maintains a 7% long-term return target amidst expensive equity valuations and a prolonged health crisis hangover by pivoting toward physical assets like real estate and infrastructure while integrating mandatory environmental factors into a unified sustainability framework. The pension fund emphasizes cultural due diligence through on-site verification to identify decaying alpha-generation capabilities in external managers and advises immediate divestment when governance shifts from performance to lifestyle focus. Looking forward, CalSTRS expects investment analysis to evolve from traditional spreadsheets to machine learning-driven risk assessments, prioritizing consistent incremental outperformance over outlier bets while navigating a "just transition" away from legacy industries.
- 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 Sachs1h 23m
Watch Live: 2020 Goldman Sachs Gives Analyst Impact Fund Finals
Eric Lane, Julian Salisbury, David Solomon, Stephen Scher, John Rogers, Asahi Pompei, Anne Black, Mabel, Abe, Olu, Anna Skoglund, Chris Johnson, Kim Posnett, Priyanka Pasi, Gauri, Mina Flynn, Jennifer Yume, Matthew, Av, Anshul Sugabi, Ruchand, Prashant, Khalil Razi, Carlos, Earl Hunt, Sarah Condon, Laura, Kia Williams, Arthur, Carrie Halio, Bridget Martinez, Alistair
The 2020 Analyst Impact Fund Finals engaged 733 Goldman Sachs analysts to evaluate non-profit proposals addressing critical global challenges like healthcare, climate change, and equity through a hybrid virtual and in-person format. Six finalist teams pitched their organizations, with Serum winning the $250,000 first-prize grant and an additional $25,000 "fan favorite" award, while Black Girl Ventures and CHaN secured second and third place respectively. This fifth annual competition has facilitated over $2.1 million in total grants to 69 nonprofits since its inception, serving as a key mechanism for junior talent to drive philanthropic impact and cross-office collaboration.
- 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.