Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
 Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search BRK.A
Shrewd'm.com Merry shrewd investors
Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search BRK.A

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
Unthreaded | Threaded | Whole Thread (3) |
Post New
Author: CrankyCharlie   😊 😞
Number: of 15072 
Subject: SVB...FRC..et al
Date: 03/11/2023 8:22 PM
Post Reply | Report Post | Recommend It!
No. of Recommendations: 4
Sunday night call to Omaha?

Uncle Warren going to play a role?

$152B of UNINSURED deposits at SVB alone.

Omaha moment?
Print the post


Author: PhoolishPhilip ✶  😊 😞
Number: of 15072 
Subject: Re: SVB...FRC..et al
Date: 03/12/2023 10:42 AM
Post Reply | Report Post | Recommend It!
No. of Recommendations: 5
No way.
Print the post


Author: Goofyhoofy ✸🐝 HONORARY
SHREWD   😊 😞
Number: of 15072 
Subject: Re: SVB...FRC..et al
Date: 03/12/2023 10:59 AM
Post Reply | Report Post | Recommend It!
No. of Recommendations: 7
$152B of UNINSURED deposits at SVB alone.
Omaha moment?

Not unless Warren wants to acquire a bank with a very narrow customer base, much of which is in businesses which are leveraged, uneconomic (at the moment), with a higher failure ratio than most. ;)

As for the 'UNINSURED' deposits, SVB also has a ton of assets including long bonds, so the great majority (I have heard 95-98%) of those deposits will be returned eventually, but there will be a time gap as the FDIC unwinds the operations, or as someone else swoops in and buys it for some reason. (Doubtful, but there's a lot of stupid money sloshing around.)
Print the post


Post New
Unthreaded | Threaded | Whole Thread (3) |


Announcements
Berkshire Hathaway FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Ticker or Board Name Author

Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Followed Shrewds