It's full steam ahead at Carvana, founder and CEO Ernie Garcia tells Yahoo Finance.
The Wall Street bank won the bidding for the deal over Barclays Plc <BARC.L>, according to the report. GM's credit card issuer Capital One Financial Corp <COF.N> and Goldman have agreed upon the purchase price and expect to finalize the deal in the coming weeks, the report said. The acquisition will enhance Goldman's focus on its consumer banking business, which it is expanding to even out volatile results from segments such as trading and investment banking.
This apparently simple-to-understand investing discipline has its own share of pitfalls.