Steyer: Goldman's risk arb desk was profitable every year in the 1970s
Tom Steyer · Tom Steyer – Investing to Save Humanity (Climate Solutions EP.1, Capital Allocators EP. 300) · Mar 6, 2023 · at 11:42
Tom Steyer discusses joining Goldman Sachs' Risk Arbitrage desk in the early 1980s under Bob Rubin after graduate school.
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“But the Goldman Arb group managed to make money every year through the seventies.”
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