Another $1 Billion in Goldman's Pocket


Shares of Goldman Sachs jumped up a bit on news that it had sold an additional $1 billion of its holdings in Industrial and Commercial Bank of China, or ICBC. In this video, Motley Fool financial analyst Matt Koppenheffer tells us why this has been such a continuously successful investment for GS, and how it reflects Goldman's investing skill.

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Matt Koppenheffer has no position in any stocks mentioned. The Motley Fool recommends Goldman Sachs. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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Originally published