Blankfein's story: son of postal clerk and receptionist, Bronx to East NY housing projects to Harvard to Harvard Law to Goldman to world domination, has the message that
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You mean the money was there for the taking?
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Yep. There are a dozen or so Goldman partners who could do the job just as well.
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I think meritocratic systems select for consistency and minimizing downside risk, especially at the top!
End of conversation
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