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, mainly startups, raising money in the venture capital boom.
📩 Sign up for my free weekly email newsletter https://contrarianedge.com/signup-for-articles/
🎙 Check out my weekly podcast, The Intellectual Investor. https://investor.fm/
📚 GET MY BOOKS
Soul in the Game – https://tinyurl.com/yzh486ep
The Little Book of Sideways Markets – https://tinyurl.com/4sdbr5f2
Active Value Investing – https://tinyurl.com/ywfczy8u
MY KEY LINKS
🌍 My website/blog – https://contrarianedge.com/
🔗 Business Website – https://imausa.com/
🐦 Twitter – https://twitter.com/vitaliyk
📸 Instagram – https://www.instagram.com/vitaliyk/
WHO AM I: Vitaliy Katsenelson was born in Murmansk, Russia, and immigrated to the United States with his family in 1991. After joining Denver-based value investment firm IMA in 1997, Vitaliy became Chief Investment Officer in 2007 and CEO in 2012. Vitaliy has written two books on investing and is an award-winning writer. Known for his uncommon common sense, Forbes Magazine called him “The New Benjamin Graham.” He’s written for publications including Financial Times, Barron’s, Institutional Investor, and Foreign Policy. Vitaliy lives in Denver with his wife and three kids, where he loves to read, listen to classical music, play chess, and write about life, investing, and music. Soul in the Game is his third book and first non-investing book.
Please read the following important disclosure: https://contrarianedge.com/disclosure/
0 comments