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A SVB short seller explains red flags he saw months ago
91–100 of 186 posts
Re: A SVB short seller explains red flags he saw months ago
#92[flagged]
So you'd prefer articles be replaced entirely with outlines that only bullet point specific items? I suppose that's a position one can take, but I think many people prefer to read articles that include a coherent narrative. This one isn't even particularly long. If you'd prefer to read the ChatGPT summary you can certainly generate it.
Re: A SVB short seller explains red flags he saw months ago
#93Earlier quoted context omitted.
60% of the time his predictions work out every time
I only know Cramer from the fun and others meme is been the originator. But that statistics should be taken with caution. Being long equity since 2008 was not really a proof of creating a alpha ( aka adding superior return than the market). That's the long term low interest rates environment that incentivize W Buffet to make his famous 10 years long sp500 won't be beaten by any HF.
They was referencing this scene from Anchorman: https://youtu.be/IKiSPUc2Jck?t=37
Re: A SVB short seller explains red flags he saw months ago
#94chatgpt can read these reports, how long until quants can auto-detect these weaknesses that today are buried in TPS reports? (movie reference)
Re: A SVB short seller explains red flags he saw months ago
#95[flagged]
It does add value — human interest and context, specifically. Perhaps you'd prefer just tables.
Re: A SVB short seller explains red flags he saw months ago
#96Bleecker Street Research, of course, has made out quite nicely from the demise of Silicon Valley Bank (The team won’t comment on how much they made off their short bet). How much could it be? 60-70%? That is how much the stock fell. The problem with these kind of stories is you don't hear about all the times these firms sold short and or were wrong or lost lots of money before eventually being right and would have be…
It depends if they also bought puts. Options can be suddenly very profitable.
Re: A SVB short seller explains red flags he saw months ago
#97Earlier quoted context omitted.
I am not from US, what is the story? Does that guy consistently make bad predictions?
I don’t know if he consistently made bad predictions, but he had a few howlers during the 2008 global financial crisis. He very loudly declared on his TV show that Bear Sterns was safe on the eve of its collapse: https://youtu.be/V9EbPxTm5_s
A couple days ago he told his audience to sell Bitcoin for USDC, a day later USDC had a -15% depeg event. Yes, he is a comically bad signal.
Re: A SVB short seller explains red flags he saw months ago
#98[flagged]
For most people news is entertainment and strongly dislike the “just the facts” bulleted writing style.
Re: A SVB short seller explains red flags he saw months ago
#99So basically the rapid increase in interest rates combined with lack of diversity in the bank’s clientele and investment choices quickly turned SVB into a collapsing inadvertent pyramid scheme?
It's not a pyramid scheme. A pyramid scheme can only continue it people keep putting money into it. SVB didn't need more money coming in, they just couldn't handle money coming out.
Re: A SVB short seller explains red flags he saw months ago
#100[flagged]
Go read Axios that’s what they do.
I find that style of writing grating, miserable, and corporate and actively avoid it.
Internet is a big place though so we can each find our own spot.