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Another $1 Billion in Goldman's Pocket

This great Goldman investment just returned the company another $1 billion in liquidity.

By Matt Koppenheffer – Jan 30, 2013 at 2:40PM EST

Shares of Goldman Sachs (GS 1.98%) 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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About the Author

Matt Koppenheffer
Matt Koppenheffer is the former Head of the Coverage Team at The Motley Fool. He was a full-time Motley Fool employee from 2012-2025 and is a former advisor and analyst for multiple Motley Fool services. Matt's articles and analysis have been published around the world and his views have been cited in worldwide publications from the Financial Times and The New York Times to the Toronto Star and Germany's Focus Money. He has appeared to offer analysis on a variety of outlets including CNBC and NPR. Matt is the co-author of The Astonishing Collapse of MF Global as well as the creator and former co-host of The Motley Fool's Industry Focus podcast.
TMFKopp
X@KoppTheFool

Stocks Mentioned

Goldman Sachs Group Stock Quote
Goldman Sachs Group
NYSE: GS
$889.81
(-1.98%)-$17.99

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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