Ep 388. SVB Financial Collapse, Modern Bank Runs, and The Future of Regional Banks
Focused Compounding
00:00
The Big Banks Are Impossible to Analyze
Buffett: There's always going to be surprises that you don't realize. The question is whether the stuff you do know is so big versus the stuff you don't know that it doesn't matter. You can run the numbers and say, well, how big would that have to be for this to matter to the valuation of the bank or to the amount of equity they have?
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