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49. Tobias Carlisle - What is Money?
Mutiny Investing Podcast
The Importance of Matching Assets to Liabilities
Toby is an expert on bank collapses. Medfavour said, Silicon Valley Bank put too much money into assets that went down when interest rates went up. And then you crystallize some of those losses when you have a little bank run and then you go on. I guess that's like, I'm not expert. But that's all investing, matching your assets to your liabilities.
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