Lloyd Blankfein's Retirement Portfolio Got Him Roasted Live

Name: Lloyd Blankfein's Retirement Portfolio Got Him Roasted Live
Uploaded: 2026-06-10T20:08:16+00:00
Channel: Sam Parr
Description: In this informal YouTube clip, Sam Parr recounts a recent podcast interview with former Goldman Sachs CEO Lloyd Blankfein, during which Blankfein…

10 Jun 2026 · 0 min

Watch on YouTube

0:00

In this informal YouTube clip, Sam Parr recounts a recent podcast interview with former Goldman Sachs CEO Lloyd Blankfein, during which Blankfein revealed that he spends his retirement day‑trading and that roughly 70% of his net worth is actively invested. After the interview, a second speaker (Speaker A) sharply criticizes Blankfein’s approach, arguing that a retiree of his wealth should allocate the majority of his assets to municipal bonds for tax‑free, low‑risk income. The exchange is conversational, humorous, and includes a strong rebuke of Blankfein’s risk‑taking, framing it as the biggest career mistake of his life.

you want to hear something funny?
Sean, we did a podcast with Lloyd Blankfein the other day. He's the former CEO of Goldman. I was like, you're retired. What do you do now? He's like, I love to day trade. He goes, in fact, I knew I was going to do this podcast for 2 hours and it kind of made me anxious because I'm always grabbing my phone to look at like my stocks. And so I had to put all my orders in advance. He's like, right now I want to look at my phone. And then after the podcast, I was like, well, what are you going to do now? He's like, well, market's closed, so I don't have anything else to do. I guess I'll walk home 2 miles. And I don't know how his portfolio— he said 70% of his net worth. I think he said that. Don't quote me, but something like that. He said he's doing good, but it was just so funny.
Lloyd, listen to me. Put the fucking phone down. Stop trading. 70% of your net worth should be in muni bonds paying you a huge tax-free yield. You want to fuck around with a few million dollars, knock yourself out. But if you're actively trading 70% of your net worth, which is a couple of billion dollars, I am disappointed to tell you that you are making the biggest risk-adjusted mistake of your career, and the schmuck that used to run Goldman Sachs should know better. Stop day trading.
Looks like I'm not invited to— I'm not invited to Shabbat dinner anymore. So thanks, Barry.