Shares of Goldman Sachs (GS +0.74%) jumped up a bit on news that it had sold an additional $1 billion of its holdings in Industrial and Commercial Bank of China, or ICBC. In this video, Motley Fool financial analyst Matt Koppenheffer tells us why this has been such a continuously successful investment for GS, and how it reflects Goldman's investing skill.
Another $1 Billion in Goldman's Pocket
By Matt Koppenheffer – Jan 30, 2013 at 2:40PM
NYSE: GS
Goldman Sachs Group
Market Cap
$237B
Today's Change
(0.74%) $5.77
Current Price
$788.83
Price as of October 30, 2025 at 3:58 PM ET
This great Goldman investment just returned the company another $1 billion in liquidity.
About the Author
Matt is the head of the Coverage Team for The Motely Fool's premium products. Previously, he's been . Matt is a heavy user of AI tools and is working on harnessing them to help Fool members. Previously, Matt was GM of Motley Fool Ascent, led The Motley Fool Deutschland, has been an investor on various Fool services, and co-hosted the podcast "Where the Money Is". He also co-authored the book The Astonishing Collapse of MF Global. Matt started his career in San Francisco as a technology-focused investment banker and also worked at a $15 billion private equity company. When he's thinking about how to make Fools smarter, happier, and richer, you can usually find Matt running trails or making a mess in the kitchen. He's a graduate of the University of Pennsylvania, but is a lifelong fan of Penn State football.