In this segment of The Motley Fool's everything-financials show, Where the Money Is, banking analysts Matt Koppenheffer and David Hanson discuss the second-quarter earnings report from Goldman Sachs (NYSE: GS ) and revisit the long-term investing thesis around buying the stock.
David voices his confidence in the management team over the long term, while Matt, also a Goldman Sachs shareholder, acknowledges the concerns he has about holding the stock for the next decade.
More long-term investing
The best investing approach is to choose great companies and stick with them for the long term. The Motley Fool's free report "3 Stocks That Will Help You Retire Rich" names stocks that could help you build long-term wealth and retire well, along with some winning wealth-building strategies that every investor should be aware of. Click here now to keep reading.
To follow The Fool's coverage of financial stocks, click here!
You can follow David and Matt on Twitter.
No comments:
Post a Comment