Goldman Sachs Is Dying...

Поділитися
Вставка
  • Опубліковано 21 вер 2024

КОМЕНТАРІ • 59

  • @AfzalHussein
    @AfzalHussein  Рік тому

    Sign up to Proton Mail today here: proton.me/afzal
    Career Guides: careerguides.io
    Weekly newsletter: newsletter.careerguides.io/subscribe
    Free guides: newsletter.careerguides.io/c/free-guides

  • @chanalogue
    @chanalogue Рік тому +28

    This video is so well-timed, I just saw an article on FT about their retreat from the mass market. Really useful video,!

  • @xander1201
    @xander1201 Рік тому +12

    The fact that you explained down the basics of many divisions is really something. Thank you Afzal.

  • @Omar-sq6zz
    @Omar-sq6zz Рік тому +4

    you should include a full tutorial in how to perform DFC, LBO, and other financial models in your career guide. Basically, the stuff you were doing in the investment banking that would be attractive to buy in my opinion.

  • @macrocosmicorbit3982
    @macrocosmicorbit3982 Рік тому +4

    Goldman has been dying for a few years now, its work life balance is poor and probably the worst in the industry along with Jefferies or Moelis .. thesedays I would advise people to try for Blackrock if they can

  • @justmakeit8843
    @justmakeit8843 Рік тому +3

    Can I simply conclude this video in three main points? 1. IBD and Sales&marketing sector will be greatly influenced by the market fluctuation, e.g. interest rates, umemployment rates... as economic situation represents the quantity and quality of any transactions. 2. Goldman's is Experiencing a struggling time because their major business is IBD and Sales&marketing sectors. 3. Goldman's is being transformed, their major business turns from IBD and Sales&marketing to asset mgt as well as private wealth mgt as the income of these sectors are more steady and stable in ensuring the dividend of the shareholders. Because the power of a company is all from its shareholders and bondholders unless it is a State-owned enterprises.

    • @justmakeit8843
      @justmakeit8843 Рік тому

      BTW, thank u for letting us know this valuable information. Peace.

  • @rwbb5757
    @rwbb5757 Рік тому +7

    Just getting an understanding of the structures of these institutions feels like a big step forward when trying to make that career shift 👌

  • @HaineGratuite
    @HaineGratuite Рік тому +5

    1. Awesome video.
    2. I really love the new generation London accent
    3. I will always be so thankful for your videos that helped me get into banking 2 years ago, thanks so much Afzal

  • @lukeslifestyle8846
    @lukeslifestyle8846 Рік тому +2

    Hi Afzal - was wondering if you could give some advice to those applying for off-cycle internships?

  • @Junaid1087
    @Junaid1087 Рік тому +3

    Hi Afzal, it's Junaid from investin. Another amazing video, thanks a lot 👍🏼

  • @zedman1254
    @zedman1254 Рік тому +5

    Really good video but the quality is too good

  • @mattiacampagna2893
    @mattiacampagna2893 Рік тому +5

    so we’re saying that Goldman is dying because it is extremely exposed to IBD and S&T which are cyclical?
    i think there are also other company specific reasons … or not?

    • @australianpatriot
      @australianpatriot Рік тому

      he did mention the push to consumer products which failed

  • @vibinpenguin7021
    @vibinpenguin7021 Рік тому

    I heard the majority of the GS S+T summer interns got moved to PWM... crazy

  • @anthonygentile8710
    @anthonygentile8710 Рік тому

    I’d be great to do a code on the Alternative Investments industry and the growth it’s experienced in the last few years

  • @calumtosh1438
    @calumtosh1438 Рік тому +4

    Good

  • @yepekaawomi8323
    @yepekaawomi8323 Рік тому

    Hi Afzal,
    Quick question, if someone wants to get into IB. What skills he/she need to focus.

  • @maungkisunda8738
    @maungkisunda8738 Рік тому

    Are cryptocurrency and business incompatible? I think youre not keeping up with the news. While you thought it was impossible, some enthusiasts from Cannafarm Ltd integrated cryptocurrency into the production of medical cannabis. What do you say now?

  • @JoeCone99
    @JoeCone99 Рік тому

    Hi Afzhal, I work in a Global Bank currently in Credit Risk(unsecured), I’ve got an offer from a large firm in a different sector but in Market Risk, the would be to get in a risk function in GS/JPM/MS, should I stick or twist? Market Risk analyst roles often require 3yrs experience so it’s hard for me to get into.

  • @tube.brasil
    @tube.brasil Рік тому

    Maybe that's why they are paying only US$ 550 a month for an intern in Brazil...with no perspective of hiring.

    • @iambloopy
      @iambloopy Рік тому

      Do those interns have to have an MBA? Asking for a friend lol 😭

  • @HomeboyHotel
    @HomeboyHotel Рік тому

    GS is past it’s prime. It’s embarrassing how far ahead JP is!

  • @randomstuffman01
    @randomstuffman01 Рік тому +2

    Very good video, as usual. Thanks. toronto canada

    • @AfzalHussein
      @AfzalHussein  Рік тому

      Thanks. Very much appreciated 😊👍🏽

  • @nikss__777
    @nikss__777 Рік тому

    Hey, when will you talk about the real company Cannafarm Ltd that brings profit?

  • @sound_illusion
    @sound_illusion Рік тому +1

    Interesting stuff, I had no idea .. great topic

  • @Delta-bh7pc
    @Delta-bh7pc Рік тому +1

    Thanks Hussein! What do you think is the greatest challenge that the finance industry might face in the next 5 years?

    • @AfzalHussein
      @AfzalHussein  Рік тому +1

      Artificial Intelligence

    • @Delta-bh7pc
      @Delta-bh7pc Рік тому

      @@AfzalHussein Why so? Wouldn’t it be of an advantage for firms?

  • @albertogiannini4570
    @albertogiannini4570 Рік тому +2

    Thanks so much for this clear analysis🔥

  • @pulakkabir2276
    @pulakkabir2276 Рік тому

    I applied to analyst role of GS 3 or 4 times..but never got a call back

    • @Sincity118
      @Sincity118 Рік тому

      Review your cv and improve the area that needs work

  • @LotusCreek
    @LotusCreek Рік тому

    SaaS sales is similar

  • @jorgeponce5512
    @jorgeponce5512 Рік тому +3

    Does anyone want to attend the funeral ?

  • @engchoontan8483
    @engchoontan8483 Рік тому

    There is probably a 5 year history of goldman-sachs singaoore and malaysia, and a further history of 20 years. The news of shell and goldman with their recent history.sss independently reviews will lead to an attack-vector with probably saudi(spent force, inckuding petrol-dollar and petrol-yuan) as a vehicle for near future oil-and-gas based M&A. Expect flip-flop and flip-flop wrestling to judo finishing.

  • @australianpatriot
    @australianpatriot Рік тому +1

    2:50 LMAO

  • @ntiinos
    @ntiinos Рік тому

    Wait, do you think cryptocurrency will crash? I dont think so. More and more companies are integrating cryptocurrency into their operations: Amazon, Cannafarm Ltd, Burger King, even Starbucks, dude!

  • @bhaibhaibhai5717
    @bhaibhaibhai5717 Рік тому +1

    Afzal why is London failing and all these illegal immigrants have flooded make a video on that

  • @KaraboMoremi
    @KaraboMoremi Рік тому

    Never clicked on a video so quickly 😂😂😂❤

  • @GBertoncini
    @GBertoncini Рік тому +1

    great channel Afzal, thanks for the conten!

  • @thetradingfloorinstituteby9453

    Very good as usual