MM #156: Keys from Warren Buffet, Apple Savings Account’s $1 Billion First Week, & Commercial Real Estate
Market Mondays
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The Future of Apple's Savings Account
In the first four days, they brought in $1 billion in deposits. I think five, 10 years from now, 10 years, or maybe even five, they should have $20 billion. In times of recessions or depressions, people are going to look for safety first. If the government has to be between Apple and JP Morgan, Jamie Dimon will go work for Apple.
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