Jim Cramer

Goldman Sachs stock will finish 2008 at $300 a share.

Inaccurate ●●●●●
“Goldman Sachs makes more money than every other brokerage firm in New York combined and finishes the year at $300 a share. Not a prediction — an inevitability.”
Said on
2 January 2008 · Cramer's top-ten predictions for 2008 (January 2008)
Source
Top 10 'Financial Geniuses' Who Got It Wrong in 2008 · InvestorPlace
Should come true
31 Dec 2008
How sure they sounded
Not a prediction — an inevitability
Categories
MarketsBanking
Importance
2 of 5 · Year-end price call on a leading Wall Street bank on the eve of the financial crisis.

Outcome

Inaccurate

Goldman Sachs fell about 59% in 2008 and closed the year near $84, far below $300; it also had to convert to a bank holding company and take TARP and Buffett capital that autumn.

Evidence:

History
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