SVB Collapse: What We Can Learn from Silicon Valley Bank's Big Mistake

Silicon Valley Bank collapsed last week. In matter of days, a run on the bank brought one of the largest banks in the country to its knees. The government took over the bank on Friday. On Sunday, the Treasury, the Fed and the FDIC announced that depositors would be made whole, even those with more than $250,000 in the bank.

In this video, we'll look at the big mistake SVB management made, and what we as investors can learn from it.

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Video Resources
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SVB: https://www.svb.com/newsroom/facts-at-a-glance
SVB Assets: https://www.macrotrends.net/stocks/charts/SIVB/svb-financial-group/total-assets
Jim Cramer loves SVB as investment: https://twitter.com/CramerTracker/status/1634237672997699602
SVB 10Q: https://d18rn0p25nwr6d.cloudfront.net/CIK-0000719739/dffa5746-7f80-4d88-9d3a-65b793df5d52.pdf
Treasury Announcement: https://home.treasury.gov/news/press-releases/jy1337

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ABOUT ME

While still working as a trial attorney in the securities field, I started writing about personal finance and investing In 2007. In 2013 I started the Doughroller Money Podcast, which has been downloaded millions of times. Today I'm the Deputy Editor of Forbes Advisor, managing a growing team of editors and writers that produce content to help readers make the most of their money.

I'm also the author of Retire Before Mom and Dad--The Simple Numbers Behind a Lifetime of Financial Freedom (https://amzn.to/3by10EE)

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DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. Your investment and other financial decisions are solely your responsibility. It is imperative that you conduct your own research and seek professional advice as necessary. I am merely sharing my opinions.

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