The Meb Faber Show - Better Investing cover image

Short Seller Bill Martin Bet Against Silicon Valley Bank in January. Here's Why | #475

The Meb Faber Show - Better Investing

CHAPTER

The Benefits of Short Term Investments

I've been more focused on the short side and I think we're pretty early in the cycle in terms of that playing out. Just structurally, there's going to be short opportunities here because these banks need to de-risk, they need to raise capital. But Fairfax is a great example. This is run by Prem Watson who had a $35 billion fixed income portfolio. He was busy rolling his one year treasuries into two year Treasuries of making 4% and 5%. That's not only great from a net income point of view in terms of earnings from the portfolio but it's enabled him to play offense in the insurance market. A lot of his competitors just can't

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner