His idea of "conservative investments" appears to be heavily government related. I would highly disagree with that assessment, meaning, SVB was not a conservatively structured financial institution.
Said poster assumes that the Venture Capitalist investitures that SVB held for others were low-risk (or at the very least, not high risk). We have no idea what the actual risk is of the people using SVB for their venture capitalizing.
OP also seems to take SVB's books as 100% honest, which is laughable these days. If you haven't learned how corrupt the financial institutions are these days, then you haven't learned much.
All that having been said, solid analysis of how much the financial world is in danger. Again, this analysis also ignores much of the finance world's shady dealing.
TLDR: SVB isn't necessary a good example of a solid financial institution. Things look riskier than OP says. Lastly, OP isn't taking into account the shadiness of the financial world and their cronies.
3 caveats on the OP's analysis.
His idea of "conservative investments" appears to be heavily government related. I would highly disagree with that assessment, meaning, SVB was not a conservatively structured financial institution.
Said poster assumes that the Venture Capitalist investitures that SVB held for others were low-risk (or at the very least, not high risk). We have no idea what the actual risk is of the people using SVB for their venture capitalizing.
OP also seems to take SVB's books as 100% honest, which is laughable these days. If you haven't learned how corrupt the financial institutions are these days, then you haven't learned much.
All that having been said, solid analysis of how much the financial world is in danger. Again, this analysis also ignores much of the finance world's shady dealing.
TLDR: SVB isn't necessary a good example of a solid financial institution. Things look riskier than OP says. Lastly, OP isn't taking into account the shadiness of the financial world and their cronies.
TLDR's TLDR: buckle up, bumpy road ahead
Nameless, thanks for the insights. Care to hypothecate regarding "bumpy road" ?
Get cash out now, there is going to be a run on the banks when the sheeple start panicking. You can always put it back in.
This wasn't triggered by a bank run though, the Fed raising the rates hurt their bond position big time.