Phrase by 'William D. Cohan'
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Having worked at four separate Wall Street firms, having seen a variety of talent at those places, and having competed against Goldman as a banker, one thing you have to be struck by is the power of their recruiting.
Author: William D. Cohan - American AuthorYou , Talent , Power , Street
Generally speaking, they have as many stars as other firms, but they are low-key about it, because that's not the Goldman way, but their bench is a lot deeper. I think Goldman has as many A players, but more importantly they have fewer C players. And no firm, I have noticed, has the depth anywhere like that.
Author: William D. Cohan - American AuthorThink , Like , Way , Stars
People are pretty simple: they do what they are rewarded for doing. If they get multimillion-dollar bonuses by taking huge risks with other people's money - as they still do - then they will continue to take those huge risks, and not give it another thought.
Author: William D. Cohan - American AuthorPeople , Simple , Money , Risks
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