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52. PJ Pierre & Zed Francis - Are any banks solvent?

Mutiny Investing Podcast

CHAPTER

The Importance of Auto Sweeps

The negative for bank runs is it's easy to move money really fast. The positive is I can automate this entire thing to have literally like zero risk beyond 250 grand at any single account. And on top of that, again, lazy CFO, you're like, you were earning zero percent in a bank account where you could be earning substantially more in another instrument.

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