Focused Compounding cover image

Ep 387. Bank Stock Sell-Offs, Higher Interest Rates, and JetBlue + Spirit Airlines Merger Arbitrage

Focused Compounding

00:00

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.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app