The question is, it looks like we know the investors will get wiped out. But will the depositors get all their money back? And there's a big disagreement. You got your Matt Gates type and I think Alex Barranson weighed in to say, no. Let those people take their loss including the depositors who had nothing to do with anything. They were totally innocent. If you want the dad advice, meaning forget the politics, what is smart, what makes sense, follow David Sachs. He was one of the PayPal original guys,. friends with Musk and Peter Thiel and all those guys. It's not an accident that they were all successful, more than once.
My new book LOSERTHINK, available now on Amazon https://tinyurl.com/rqmjc2a
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Content:
- Bill Maher reframes DeSantis out of 2024
- SVB, Silicon Valley Bank situation
- Mark Cuban on FDIC 250,000 protection limit
- USA Today compares Maine to Baltimore
- Whiteboard1: The Great Reframe
- Whiteboard2: Cause vs. Solution
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