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Ep 389. Interest Rate Hike, Credit Suisse’s Failure, and Other Banking + Economic Risks on the Horizon

Focused Compounding

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Buffett's Selling of Bank of America and American Express

Buffett posted a chart of all the private jets flying to Omaha, he could track the jets and people speculating it's regional banks flying in there to talk to Buffett. Do you have which ones he sold recently? Because we can get that in the data. So let's set up data Roma or buff it. Let's see. I just thought it was really interesting timing. It literally was like three podcasts ago that we were talking about this reduced Bank of New York Mellon. What else? It's reduced the Taiwan semiconductor. He basically got out completely of banks other than American Express and Bank of America.

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