Warren Buffett: We don't know where the shareholders of banks are heading

[@tonyh4513]

Why'd they kick out Peter Flaherty after he stated that Bill Gates was constantly going to Epstein Island and his love for children?

[@jayhenderson2683]

They should go back to the 50's. Where you got a free gun for opening a bank account. That would keep them honest.

[@k.c.wingert7179]

Yet Charlie Munger owns 1,591,800 shares of Wells Fargo, 2,300,000 shares of Bank of America and 140,000 of US Bancorp for a grand total of about 85% of his total portfolio. These guys LOVE banks don't let them fool you.

[@GaminHasard]

they selling for a while now.

[@k.c.wingert7179]

@@GaminHasard Charlie is dead now so yeah, I guess he no longer owns banks.

[@dr.z3426]

This aged like milk

[@dr.z3426]

​@@k.c.wingert7179attempts to slip the logic fails miserably

[@k.c.wingert7179]

@@dr.z3426 slip logic? Do they own the shares or not?

[@ctrl-shift-run8681]

Well, it's good for the borrowers who got an attractive rate on their loans. Can't believe the banks didn't stress test their portfolio to different interest rate scenarios.

[@marcopolo9673]

They would have stress-tested their portfolio, but no one would have assumed interest rates increasing this fast.

[@bideojames4222]

Doing that would cut into profits

[@ChrisPatrick-q6k]

​@@bideojames4222Exactly, no bail outs this time though if it all goes wrong, which is looking increasingly likely.

[@Knowledge.to_Come]

Banks are at all time highs right now

[@georgevan2606]

It's sad watching this video when Munger is no longer with us.

[@radearpurba3589]

Thanks for this explanation 😔🙏

[@ceegee4875]

I don’t understand where the spaceships go either…

[@whatever77ism]

To the cleaners? 🤣🤣🤣

[@trappinout18]

Great banker story at the end.

[@seantyler7401]

This is sure to take banks come Monday

[@allenmobley8444]

Yep goodbye PacWest

[@jmtake85]

@@allenmobley8444 you short?

[@juannava2097]

Too the new future of industry ⚡

[@michaelschneider1365]

isn’t he like 1,000 years old.

[@shankarbalakrishnan2360]

Saranam Ayyappan my personal god❤❤🎉🎉

[@ceegee4875]

6:30 😂😂😂

[@cwrk105]

His local bank won’t face a bank run unless he leaves lol. That ought to be a significant percentage of deposits

[@nicholaslandolina]

Who is he talking about for his hire

[@nicholaslandolina]

Munger liked debit

[@JohnSmith-777]

Two people who have defied the retirement age

[@RaviKiran-lx2kw]

"Available for sale" "held to maturity" guys started doing advertisement?

[@jmtake85]

they block the see's candy product.

[@nadal7575]

4.34 - 5 LoL ตายล่ะ ปู่ก็ไม่รู้ ซวยล่ะ

[@brycesattler2301]

*Gōlden Nügget Bancshares LV NEVADA*