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David Solomon is not the first to face a leadership crisis at Goldman Sachs

Defer Bank Mgmt Compensation for Times of Crisis

Adopting a deferred pay scheme for bank managers would provide them with needed funding during a downturn and would incentivize more conservativism when it…

The #1 Rule of Investing From the Wizard of Wall Street

The #1 Rule of Investing From the Wizard of Wall Street  Share   Share “The really great fortunes are made by concentration, not diversification.” Gerald Loeb, “Maxims of Wall Street,” p. 157 Who is quoted the most in “The Maxims of Wall Street”? Among living legends, the Oracle of Omaha has the gift of wisdom. Warren Buffett is quoted 34 times in the new 7 th edition, and I keep finding new ones for each edition. But the second most quotable guru may surprise you. No, it’s not Joe Kennedy, Bernard Baruch, Jesse Livermore, Humphrey Neill, J. Paul Getty, Jim Dines, John Templeton, Ben Franklin or

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