American Express
3 statements across 3 episodes · 0 bullish · 1 bearish · 3 people on the record · first statement Nov 12, 2019 by Stephen Schwarzman · said 10 times in 4 episodes since 2019 · across every show →
Mentions by year
brought up most by Shane Parrish (8), Seth Godin (1), Jeff Immelt (1)
tap a year for its mentions
2026 4 mentions in 1 episode
2021 2 mentions in 2 episodes 1 per episode
2019 4 mentions in 1 episode
Everything said about American Express, oldest first
Nov 12, 2019 neutral
Schwarzman: Lehman's 1984 sale was triggered by trading limit breaches and rate losses
“People in the trading department exceeded limits on certain type of security, and it ended up that interest rates went the wrong way, and, you know, we lost doubly on the trade, and the impact of that on a mark-to-market basis would have gotten close to wiping…”
Jul 27, 2021 neutral
Immelt: Top New York Fortune 500 CEOs held quarterly dinners on governance
“So there were five CEOs in the New York City area. It was me and Ken Chenault from American Express, Sam Palmisano, and then Jenny Romney from IBM, Steve Reimann, and then Indra Newey from Pepsi, and Bill Weldon, and then Alex Gorski from J&J. And we had dinne…”
Mar 3, 2026 bearish
Tenev: Legacy card issuers are too bloated to match 3% cash back
“I think it's a cost structure problem. You look at the big credit card companies and they have tens of thousands of people, right? Tens of thousands of people that are manually servicing the, these accounts and, you know, that they spend a ton of money on mark…”