Goldman Sachs Talks

Emmanuel Roman, Leadership in a Digital-First Economy

PIMCO Chief Executive Officer Emmanuel Roman discusses bringing a new era of leadership to one of the world’s largest asset management firms, the technological forces shaping the industry and his expectations for the global economy.

On how he thinks about success: “I think it’s discipline. It’s being able to look at yourself in the mirror and say, ‘We’re good at this and we’re not.’ I think it’s having the analytical resources to be able to use quantitative methods to improve what you do. I think it’s the ability to be nimble enough across many different markets and many different securities.”  

On the power of data in investing: “From an investment standpoint, the more data you have, the better data you have in terms of making investment decisions, the more you’re going to be able to try to handle macrodata, microdata and be able to make investment decisions…. Data tells you about your competitors and about what you’re good at and what you’re not good at. I think people don’t spend enough time being introspective about what their edge is or not – what they’re good at versus other people.”