"It is not the strongest of the species that survives, nor the most intelligent that survives. It is the one that is most adaptable to change"
- Charles Darwin
Morgan Stanley and Goldman Sachs are two of the largest investment banks in the world. I had those two banks in my watchlist for over a year and Goldman Sachs was always the favourite. However, last week, I invested in Morgan Stanley. Both banks have about the same fundamentals but their business models differ and this made me chose Morgan Stanley over Goldman Sachs.