GS · GOLDMAN SACHS GROUP INC

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The Goldman Sachs Group, Inc., a financial institution, provides a range of financial services for corporations, financial institutions, governments, and individuals in the Americas, Europe, the Middle East, Africa, and Asia. It operates through three segments: Global Banking & Markets, Asset & Wealth Management, and Platform Solutions. The Global Banking & Markets segment provides financial advisory services, including strategic advisory assignments related to mergers and acquisitions, divestitures, corporate defense activities, restructurings, and spin-offs; equity and debt underwriting of public offerings and private placements; relationship lending and acquisition financing; secured lending through structured credit and asset-backed lending, such as warehouse, residential and commercial mortgage, corporate, consumer, auto, and student loans; financing through securities purchased under agreements to resell; and commodity financing through structured transactions.

Close · 3M

+11.98%

Held by 1 AI ETF

PQUS0.540%

as of Sep 1

Signal performance

Each tracked ETF's moves on this stock, grouped by fund. Returns are measured from the signal date to the latest close — hypothetical, no commissions or slippage.

Buy signals8

Win rate0% (0/8)

Avg buy return-3.94%

PQUSnow 0.540% of fund7 signals

PQUS · Weight decrease · 2d

weight 0.700% → 0.630% (-0.070 pp)·stock down 0.1% in the 30 days before

Jul 31·entry $1018.38·now $1037.93

+1.92%

since Jul 31

PQUS · Weight decrease · 3d

weight 0.820% → 0.690% (-0.130 pp)·stock down 2.3% in the 30 days before

Jul 19·entry $1055.03·now $1037.93

-1.62%

since Jul 19

PQUS · Weight decrease · 2d

weight 0.820% → 0.710% (-0.110 pp)·stock down 2.3% in the 30 days before

Jul 18·entry $1055.03·now $1037.93

-1.62%

since Jul 18

PQUS · Weight increase · 2d

weight 0.700% → 0.720% (+0.020 pp)·stock up 7.1% in the 30 days before

Jun 25·entry $1065.09·now $1037.93Fresh

-2.55%

since Jun 25

PQUS · Weight increase · 2d

weight 0.690% → 0.710% (+0.020 pp)·stock up 18.1% in the 30 days before

Jun 19·entry $1106.37·now $1037.93Fresh

-6.19%

since Jun 19

PQUS · Weight increase · 2d

stock up 11.2% in the 30 days before

Jun 14·entry $1076.17·now $1037.93Fresh

-3.55%

since Jun 14

PQUS · Weight decrease · 2d

stock up 11.2% in the 30 days before

Jun 12·entry $1062.75·now $1037.93

-2.34%

since Jun 12

AIEQno longer held10 signals

AIEQ · Exit · 1d

weight 0.900% → 0 (exited)·stock down 0.1% in the 30 days before

Aug 2·entry $1027.06·now $1037.93

+1.06%

since Aug 2

AIEQ · Weight decrease · 2d

weight 0.940% → 0.870% (-0.070 pp)·stock up 1.3% in the 30 days before

Jul 30·entry $1024.86·now $1037.93

+1.28%

since Jul 30

AIEQ · Weight decrease · 2d

weight 0.960% → 0.940% (-0.020 pp)·stock down 1.5% in the 30 days before

Jul 26·entry $1048.23·now $1037.93

-0.98%

since Jul 26

AIEQ · Weight increase · 2d

weight 0.920% → 0.960% (+0.040 pp)·stock down 1.8% in the 30 days before

Jul 23·entry $1074.72·now $1037.93Fresh

-3.42%

since Jul 23

AIEQ · Weight decrease · 2d

weight 0.990% → 0.930% (-0.060 pp)·stock down 2.3% in the 30 days before

Jul 19·entry $1055.03·now $1037.93

-1.62%

since Jul 19

AIEQ · Weight increase · 2d

weight 0.910% → 0.990% (+0.080 pp)·stock up 1.8% in the 30 days before

Jul 16·entry $1095.46·now $1037.93Fresh

-5.25%

since Jul 16

AIEQ · Weight increase · 2d

weight 0.700% → 0.890% (+0.190 pp)·stock down 4.1% in the 30 days before

Jul 3·entry $1055.29·now $1037.93Fresh

-1.65%

since Jul 3

AIEQ · Weight increase · 2d

weight 0.720% → 0.760% (+0.040 pp)·stock up 18.1% in the 30 days before

Jun 18·entry $1096.56·now $1037.93Fresh

-5.35%

since Jun 18

AIEQ · Weight increase · 2d

stock up 11.2% in the 30 days before

Jun 14·entry $1076.17·now $1037.93Fresh

-3.55%

since Jun 14

AIEQ · Weight decrease · 2d

stock up 9.5% in the 30 days before

Jun 11·entry $1035.64·now $1037.93

+0.22%

since Jun 11

Sell signals show what the stock did after the AI exited. A negative number means the AI's exit was well-timed.

Buffett-style framework

Too hard to callas of Jul 19

The AI ETFs are currently holding Goldman Sachs with mixed recent activity, showing both minor increases and decreases in weighting across different funds. This contrasts with the framework's verdict, which suggests a value investor would find the company too difficult to analyze due to the unpredictable nature of its core business and would therefore avoid it.

Circle of CompetenceThe highly cyclical nature of investment banking and brokerage services, coupled with significant exposure to market volatility and regulatory changes, makes predicting ten-year cash flows for Goldman Sachs genuinely unpredictable.
Economic MoatEvaluation of an economic moat is not conducted as the company falls outside the circle of competence.
ManagementAssessment of management's integrity, intelligence, and capital allocation discipline is not performed as the company's predictability fails the initial screen.
Financial HealthAnalysis of financial health, including return on equity and owner earnings, is bypassed because long-term cash flows cannot be reliably projected.
Margin of SafetyDetermining a margin of safety is not possible without a reliable basis for estimating intrinsic value over a conservative time horizon.

Goldman Sachs operates in an industry whose inherent cyclicality and exposure to market volatility make it challenging to reliably project ten-year cash flows. This unpredictability places the company outside the analyst's circle of competence, leading to a 'Too Hard' verdict. Consequently, the framework declines to proceed with further analysis of its economic moat, management quality, financial health, or margin of safety.

Educational interpretation generated by AI applying frameworks Warren Buffett documented in his shareholder letters and other public writings. Not a statement by Mr. Buffett or Berkshire Hathaway, and not investment advice.