Lloyd Blankfein, former Goldman Sachs CEO, keeps 98% of his portfolio in stocks and trades daily. He's bullish on big tech and says the discipline to stay focused while managing money is what separates top performers from the rest.
The difference between somebody who's really, really good and somebody who can't make it is not that great. Goldman Sachs Senior Chairman and former CEO Lloyd Blankfein.
Your portfolio as a pie chart, what does it look like right now? I invest in risky assets.
That's what's fun for me.
I would say that 98% are equities. What are some of your biggest holdings?
This is going to be controversial. I don't know who I'm going to upset, but, you know, it's like—
Are you trading every day? Yes. That's crazy.
No, it's not. It's like taking a lot of discipline not to look at my screen while I'm talking to you. Right now?
It's like that. So you're bullish on big tech? Anything else?
It's been good to be bullish on big tech, and I'll stop being bullish on it when it stops going up.
What did the people who couldn't outperform, what did the bottom half have in common?
The bigger takeaway is that
