Shares of Goldman Sachs (GS 2.75%) 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.
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Another $1 Billion in Goldman's Pocket
By Matt Koppenheffer
–
Jan 30, 2013 at 2:40PM
NYSE: GS
Goldman Sachs Group
Market Cap
$206B
Today's Change
(2.75%) $18.42
Current Price
$688.29
Price as of June 26, 2025, 3:58 p.m. ET
This great Goldman investment just returned the company another $1 billion in liquidity.
Matt Koppenheffer has no position in any stocks mentioned. The Motley Fool recommends Goldman Sachs. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Stocks Mentioned
Goldman Sachs Group
GS
$688.29
(2.75%)
$18.42
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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