Buffett's thoughts on the recent bank failures and whether or not this is another Financial Crisis in the making
WB is a legend!
Yeah he is. So when offers some insight on these unprecedented times in the banking sector, I listen.
Majority of people do not have above FDIC limits in their accounts so they should be fine. I think that is the key takeaway.
Big news this week is First Republic Bank's deposits falling 40% in Q1, even after the $30B infusion from other banks.
It's going to get painful man
The greatest investor of ALL TIME!
WB is a legend!
Yeah he is. So when offers some insight on these unprecedented times in the banking sector, I listen.
Majority of people do not have above FDIC limits in their accounts so they should be fine. I think that is the key takeaway.
Big news this week is First Republic Bank's deposits falling 40% in Q1, even after the $30B infusion from other banks.
It's going to get painful man
The greatest investor of ALL TIME!