Goldman Sachs: Now Goliath With An ETF Slingshot


“He was a giant, six foot nine at least, wearing a bronze helmet and full body armor. He carried a javelin, a spear, and a sword.”

Malcolm Gladwell’s description of Goliath in his book, David and Goliath: Underdogs, Misfits and the Art of Battling Giants was as imposing as the Bible’s.

But Gladwell says the hulking warrior stood little chance of beating the brave young shepherd. David was a slinger.

He could accurately hurl rocks at head crushing speeds.

What if Goliath, however, had his own lethal sling?

The investment industry could be asking that now. 

Image by Pixabay

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Andrew Hallam

I’m a financial columnist for Canada’s national paper, The Globe and Mail, as well as for AssetBuilder, a financial service firm based in Texas. I’m also the author of Millionaire Teacher: The Nine Rules of Wealth You Should Have Learned in School and Millionaire Expat: How To Build Wealth Living Overseas. My mission is to educate, motivate and inspire people on basic retirement planning and best practices for investing, using evidence-based strategies. I'm happy to comment on your questions.

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