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Goldman’s Big Quarter

Source: http://briskycapital.blogspot.com/2009/07/goldmans-big-quarter.html
Posted on Tuesday, July 14th, 2009 | In Energy Markets, Market Commentary
Contributed by: Michael E. Brisky (http://briskycapital.blogspot.com) -

Goldman Sachs of course reported a huge quarter, which was no big surprise. Zero Hedge covers it best, so I’ll just a href=”http://zerohedge.blogspot.com/2009/07/as-if-anyone-expected-less-than-one-of.html”defer to the experts on this one/a.br /br /Interesting to see massively high trading revenues. You can’t really blame Goldman, because its part of what they do and do it well. But it just feels like the taxpayer was played (not like they had a choice), and I expect this to continue.br /br /Oh yeah, and compensation was up! All this when they reduced their workforce by 1%. $772,925 per employee. br /br /Moving on…div class=”blogger-post-footer”img width=’1′ height=’1′ src=’https://blogger.googleusercontent.com/tracker/819581243324579563-2014518656708486082?l=briskycapital.blogspot.com’//div

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About Michael E. Brisky (http://briskycapital.blogspot.com)
Welcome to "In the Know." Here I discuss macro trends in the market, and how I think investors can profit from them. I particularly follow energy stocks and other beneficiaries of secular growth.

My investing style would best be described as a hybrid. A hybrid of value and growth; of fundamental and technical analysis. I think you have to be flexible to be a successful investor, but also disciplined.

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