Goldman Sachs

Goldman Sachs Group Inc. (GS) is advising clients to avoid delaying investment decisions for Russia until it becomes clear who will be the next president in elections in March.

“There’s not a lot of wisdom to wait,” said Christopher Barter, co-chief executive officer for Goldman’s Russia unit, at a conference in St. Petersburg today. “Our advice to clients who think there could be a dramatic change is not to wait. The opportunities are enormous and valuations are very attractive.”

I think this is a really good point by Goldman Sachs, don't ever let any opportunities slip due to delays.

While there is good reason to wait to see who is going to be elected as President (mainly because every Presidents have their own perspectives on where they think the economy is heading and which industry to invest in). Say for example, if the President is interested in oil, then the oil investors will definitely be investing massively into Russia and conversely, if the President is interested in banking, then of course, all the banks will head towards Russia.

However, Goldman's advice on how people should not delay their investments is an ideal solution. Particularly when the Russian market is so lucrative and attractive now, one should not wait because it might just turn around in a split second if you miss the opportunity. 

The market is so dynamic that it is almost impossible to follow closely to it and to be able to predict all the trends is even more of an arduous tasks.

Nevertheless, Goldman too recommend investors to not just look at Russia but also to look at the market of China because it is pretty stable now and it is going stronger since it is continuously storing up reserves and currencies of other countries.

Goldman Sachs and JPMorgan are definitely 2 top employers in the field of investment banking and I'm definitely very interested to join them in the near future. Of course, the remunerations are extremely attractive but they will only take the best of the best so this definitely presents a massive challenge to me. Nonetheless, I will continue to work hard in my studies and hopefully one day, make a name for myself.