Why should a Goldman Sachs shareholder want to sell his position? In this video, Matt Koppenheffer gives three reasons:
- Brand damage in the aftermath of the financial/banking crisis.
- Its trend of taking on less risk in the current financial environment, where it has traditionally taken on risks to score big profits.
- Big paydays for its top people. Goldman needs to generate profits for its shareholders despite those large payouts.
Check out the video for more details.
During the financial crisis, Goldman Sachs did so well pivoting to avoid the worst of the fallout that it had to downplay its success to duck public ire and conspiracy theories. Today, Goldman is still arguably the powerhouse global financial name, yet its stock trades at a valuation of less than half what it fetched before the crisis. Does this make Goldman one of the best opportunities in the market today? To answer that question, check out The Motley Fool's special report on the bank. In it, Matt uncovers the key issues facing Goldman, including three specific areas Goldman investors must watch. To get access to this report, just click here.