Majicman Notes

It’s amazing that they built the building long before and were like, we’re not going down.

Goldman Sachs building in lower Manhattan during power outage after hurricane Sandy

My favorite business picture is there’s just this picture of the bottom of Manhattan during Hurricane Sandy at night, and all the buildings, I think everything below the park lost power, but there’s this one building that’s totally lit up, and it’s Goldman. And they just built their building with generators and stuff.

It’s amazing that they built the building long before and were like, we’re not going down. Like Goldman Sachs does not die. And I think that’s probably some kind of deep entrenched thing in their DNA. You would ask, you can see other banks in that picture, why weren’t they built with generators? What culture went into one bank doing that and the others not doing that?

Special Situations in Private Markets With Jeremy Giffon

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