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The Trillionaire Mindset

How Silicon Valley Bank Collapsed

The Trillionaire Mindset

TMG Studios

Comedy, Investing, Business, News, Politics

4.91.7K Ratings

🗓️ 17 March 2023

⏱️ 68 minutes

🧾️ Download transcript

Summary

Become an exclusive member to get ad-free and bonus episodes at https://tmgstudios.tv The story of the week: SVB fails. The guys break down the timeline of events and list their take on the entire debacle. Congressional lobbying, dodged regulations, risky investments, you name it! Plus, what it means for the rest of us. Ben and Emil also touch on a new update for the AMC apes and we hear Ben’s take on China’s role in the world.  For a limited time, try Notion AI for free when you go to https://notion.com/trill Get the only digital wallets with real cash access, activated by MoneyGram. Learn more at https://moneygram.com/stellarwallets Sign up for a one-dollar-per-month trial period at https://shopify.com/trill Go to https://public.com/trill to unlock 5.3% APY Check out our channel page on Apple Podcasts, go to: https://apple.co/trillionaire SUBSCRIBE to Trillionaire Mindset at https://www.youtube.com/trillionairemindset Want to subscribe to our newsletter? http://bit.ly/3k4Nfar   Trillionaire Highlights Channel: https://www.youtube.com/TrillionaireMindsetHighlights Trillionaire IG: https://www.instagram.com/trillionairepod Trillionaire Twitter: https://twitter.com/trillionairepod TMG Studios YouTube: https://www.youtube.com/tinymeatgang BEN https://www.instagram.com/bencahn/ https://twitter.com/Buncahn EMIL https://www.instagram.com/emilderosa/ https://twitter.com/emilderosa   *DISCLOSURE: THE OPINIONS EXPRESSED IN THIS VIDEO ARE SOLELY THOSE OF THE PARTICIPANTS INVOLVED. THESE OPINIONS DO NOT REFLECT THE OPINIONS OF ANYONE ELSE. THIS IS NOT INVESTMENT ADVICE. THE VIEWER OF THE VIDEO IS RESPONSIBLE FOR CONSIDERING ANY INFORMATION CAREFULLY AND MAKING THEIR OWN DECISIONS TO BUY OR SELL OR HOLD ANY INVESTMENT. SOME OF THE CONTENT OF THIS VIDEO IS CONSIDERED TO BE SATIRE AND MAY NOT BE CONSIDERED FACTUAL AND SHOULD BE TAKEN IN SUCH LIGHT. THE COMMENTS MADE IN THIS VIDEO ARE FOR ENTERTAINMENT PURPOSES ONLY AND ARE NOT MEANT TO BE TAKEN LITERALLY.* Chapters: 0:00 This week! 0:36 Intro 1:05 Disclaimer 1:10 The Return of The Guy 8:57 Housekeeping 9:55 Sticker Flashback 11:43 Thanks to Notion! 14:00 Silicon vs. Silicon 16:20 Early SVB 19:20 Interest Rates Rise 22:25 Silvergate Crash 24:39 Thanks to MoneyGram! 25:42 SVB Raises Money 28:00 Greg Becker’s Statement 30:00 SVB Collapses 31:45 Who’s Responsible? 35:31 Thanks to Shopify! 37:00 Andy Kessler’s Take 40:30 Risky Business 42:50 Chain of Collapse 44:30 Signature Bank Blockchain 46:50 Mitigating Risk via Other Banks 48:35 Thanks to Public! 49:56 The Fed Recalibrates 53:20 What’s Next? 54:30 Ben’s Owed SVB $$$ 55:56 Where are we now? 58:00 Emil’s Tennis Weekend 59:15 China World Police? 1:01:17 Who’s on top? 1:04:40 AMC Apes Rejoice! 1:08:40 The MOASS 1:09:30 #1 Christian Finance Pod 1:11:20 Wrapping up Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Coming up on this episode of Trillionaire Mindset. We're talking about the Silicon Valley bank collapse signature bank collapse and everything in between we're hitting everything regulatory problems where they went wrong. One more thing also been gets real weird about China.

0:16.0

Oh yeah super weird China. Oh whoa and then also. Oh big news for the apes you're gonna want to stick around you guys might be in trouble. No it might be find out. Yeah we'll find out where you might be billionaire.

0:46.0

Hey everybody welcome to the Trillionaire Mindset. Please real quick check out the disclaimers we can get that out of the way.

1:14.0

We you guys know how bad traffic is in LA Ben is once again stuck in traffic I had to get out of the car and walk to the boat. All right so I'm here alone but that's fine we're going to get started he's going to he'll get through the traffic and and he'll be here but we're going to get started without him and it does pain me because I know he would love this so much we're going to be talking about the SBV collapse they were going to be talking about signature bank.

1:39.0

So I feel like there's a perfect starting point right here we got to talk about our boy Jim Kramer let's check this out.

1:48.0

So don't you want this company's a merchant bag with a deposit base the Wall Street have been stakedly concerned about as you beat the old silver value bank.

1:55.0

We just need one of our favorite research firms Buffett Nathanson and it's become less dependent on private equity venture capital is all offerings. Wait a second those try it up this year they could come back. Yes some of them come back here with a stock directly flexing over some position.

2:07.0

Stock was the fourth worst performance in 2022. I think the fears were not justified it's a very compelling situation.

2:13.0

Hey by the way long term private equity venture capital I'm going away being a banker to these invests immense pools of capital has always been a very good business stock still cheap.

2:24.0

We love our boy Jim Kramer down way he's he's what he's what the hell is that are you guys picking something up in the.

2:36.0

Oh brother.

2:44.0

How you doing brother how are you doing brother you know what I'm doing I'm so pissed off okay my little ball didn't freak Jim Kramer I'm out here listening to him.

2:58.0

Talk to your shit on MSNBC and he has no idea what he's saying anymore you know what I think what's out man what's my great friend. Oh okay I think he uses too much shoe shine on that bold hit of his and it clouds his judgment that maybe you know he's up there.

3:15.0

Shot of that thing day and night and it's just seeping into his little piggy brain making them think all sorts of crazy things that he doesn't fully understand.

3:24.0

None of us really do if I'm going to be honest if I can you can be fair about it but this guy thinks it to hold it at all.

3:33.0

I gotta agree with you.

3:36.0

So Kramer I've got a message for you young man old fart you fucking piece of shit Cogs sugar please for the love of God let me know what stock you recommend next so I can know which one to short into the fucking basement and make a ton of fucking money okay.

3:53.0

Okay okay Kramer how about this I got a brand new stock recommendation for you it's a brand new company that I'm starting today and I want you to be the first investor.

4:04.0

It's called cock suckers international LCD.

4:08.0

What do you think Kramer you gonna invest.

4:11.0

I'm in he's here.

4:13.0

Alright now perhaps Kramer may not be done perhaps he's just unlucky right.

...

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