Month: April 2023
Me, My Boy, and Warren Buffett with 2023 Postscript – Ep 187
The fourteen-year-old Jonah could not sit through the annual meeting; he was preoccupied with anything and everything but Buffett’s and Munger’s wisdom. After coming with me to Omaha eight years ago, Jonah never asked to go back, until last year....
Me, My Boy, and Warren Buffett with 2023 Postscript
The fourteen-year-old Jonah could not sit through the annual meeting; he was preoccupied with anything and everything but Buffett’s and Munger’s wisdom.
Libertarian’s (Unexpected) View on the Bailout of the Banking System – Ep 186
Bailouts of the banking system create social tension. Eventually, bailouts introduce so much risk into the system that failures and bailouts become too costly for the society to bear, government creates draconian rules trying to prevent them in...
Silicon Valley Bank’s Downfall: A Cautionary Tale of What’s to Come – Ep 185
Silicon Valley Bank (SVB) may be an extreme example, but it gave us a preview at a 100x magnification of what many banks are facing today. SVB is also a sad demonstration of how volatile deposits are. SVB was awash with deposits from its customers,...
Should I be worried about the safety of my Schwab account?
Many investors, including our clients, have been worried about their Schawb account safety. Are they right to be worried?
