
Ep 387. Bank Stock Sell-Offs, Higher Interest Rates, and JetBlue + Spirit Airlines Merger Arbitrage
Focused Compounding
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Is There a Benefit to a Business That Generates Float?
I think things that have very strong deposits are desirable Suspect the stronger the deposits and the shorter they lend is the better. But there's offsets with that I think we talked about Like title insurance has been badly affected interest rates on the effect of float Yeah, so something like investors title or something has had a huge drop in terms of their title insurance underwriting business but They hold money at all times Small amounts which used to be earning about 0% and now we'll earn much higher.
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