My personal opinion is that what set off the run was the disclosure of the PIPE and the substantial discount to the current market price. Make it look likd SVB was desperate and there was a sense of urgency.
@emilyarmstrong4506 Жыл бұрын
Yessss! Thank you for connecting our stuff material to current events!
@Series7Guru Жыл бұрын
Sometimes the test world and the real world are the same.
@nathanpeters7641 Жыл бұрын
Thank you. I really enjoy these.
@Series7Guru Жыл бұрын
De nada. Will do more for sure.
@phillynyc7432 Жыл бұрын
you are the man
@SandraFernandes621 Жыл бұрын
Hey dean!! Good to see you! Craziness what is happening hope all is well on your end !😊
@Series7Guru Жыл бұрын
Everything excellent on my end. Thanks for popping in.
@fradidababneh9587 Жыл бұрын
What does someone do in these times of transfer of wealth? Do we short?
@Series7Guru Жыл бұрын
I am retired. I no longer give investment advice. I just invest and risk my own capital. Lol.
@Liam_Daly Жыл бұрын
Serious question though, do you think we could see Bank runs on BoA and Capital one? I'm currently holding a solid bit of both in my portfolio, and am wondering if I should bail out, or double down on a potential overreaction of the markets (Both are down about 10% last week)
@Series7Guru Жыл бұрын
Wouldn't matter if the did. Their investment portfolios are not concentrated and their customer base is not concentrated. They are diversified on both sides of their balance sheet and can meet their obligation. Bank of America als has access to its largest shareholders resources. That is Warren Buffet and Berkshire Hathaway
@Liam_Daly Жыл бұрын
@@Series7Guru ah, thank you! I guess people are just scared. Like Warren Buffett said, be greedy when others are scared and scared when others are greedy. Time to double down on my positions.
@Series7Guru Жыл бұрын
@@Liam_Daly indeed. He invested his five billion dollars into B of A during the financial crisis.
@Liam_Daly Жыл бұрын
@@Series7Guru great! I'll do the same.... With my..... 5 billion..... I'll put 50$ and a taco bell 50% off coupon in
@Series7Guru Жыл бұрын
@@Liam_Daly just remember I don't give financial advice and my channel does not give investment advice. You are responsible for your own investment decisions.