Warren Fubbett
@investor_og1Market Analyst and Investor
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In 3 words or less, what separates the rich from the poor?
BREAKING NEWS: The WOLF Twitter Spaces Schedule for 3/20 - 3/23 is HERE! This week we have TWENTY-ONE Spaces making up 40+ hours of FREE financial education. If you enjoy Spaces & free content I would deeply appreciate you engaging with this post!
WHY IT'S DIFFERENT THIS TIME During the Covid crisis, did bitcoin have its moment? Not really, it nuked harder than anything instead of acting as a safe haven—and then traded like a junk risk stock on steroids, mooning at the same time as dogecoin and monkey jpegs. During the…
You might be getting scammed by a dipsh*t right now. Here's a look at why it's the golden age of grifting.
The chairman of the board of Credit Suisse is called Mr. Lehmann. We live in a simulation.
2020: “Cash is trash” 2023: “Cash is gone”
#BREAKING: I'm trying to avoid comparing this to 08, but if you add Silvergate (not included below), bank failures are the worst in decades and worst than 2008's global financial crisis Are we being too complacent and too optimistic?
Look at FDIC’s balance sheet below. FDIC only has $125b securing $9.9 trillion. That’s only 1.26%! FDIC may be able to protect the depositors at SVB, but it won’t be able to do if it happens to a few other banks.
1/2 Here's why Silicon Valley Bank should NOT have been bailed out w/ taxpayer $. In short, they were offering below-market rates for loans to start ups with no earnings/negative free-cash-flow ("FCF"). The quid pro quo was those companies had to put that cash into deposits.
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