Odd Lots

Former Goldman Sachs CEO Lloyd Blankfein on Why He Doesn't Tweet

132 snips
Mar 5, 2026
Lloyd Blankfein, former chairman and CEO of Goldman Sachs and longtime Wall Street figure, reflects on markets, risk, and globalization. He discusses why he stepped back from tweeting, the mechanics of risk management at top banks, private credit illiquidity, tech and AI risks to finance, and how globalization has shifted recently.
Ask episode
AI Snips
Chapters
Books
Transcript
Episode notes
ANECDOTE

Blankfein Trades As Background Noise

  • Lloyd Blankfein watches markets constantly and trades as background activity while socializing or meeting people.
  • He likens market-watching to listening to music: it occupies attention across many contexts and adds up to more than 100% of his time.
ADVICE

Quit Posting Before You Get Canceled

  • Avoid constant public posting because the risk-reward shifts once you feel clever and irritable; quitting voluntarily prevents costly mistakes.
  • Blankfein stopped tweeting mainly from anxiety about getting 'killed' by a bad reaction and risk management instincts.
INSIGHT

Globalization Is Cyclical Not Permanent

  • Globalization moves in cycles; periods of rapid integration can reverse as politics, crises and supply concerns reassert national priorities.
  • Blankfein recalls Russia and China shifting from inaccessible to open to strained again, showing cyclical integration and retrenchment.
Get the Snipd Podcast app to discover more snips from this episode
Get the app