Seriously, you are the worst one on the thread. Just admit woke is broke and all will be forgiven.
OT: Stock and Investment Talk
- Thread starter RU-05
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Seriously, you are the worst one on the thread. Just admit woke is broke and all will be forgiven.
you never want lower prices, you want sideways action as lower prices mean more harm than good for your portfolio
always amazed when people who hold assets want prices to go down to accumulate. you don't have to have a portfolio that goes down, per se, in a trying market. what you want is sideways action
what is funny is those claiming she wasn't a diversity hire have no explanation for her resume or lack there of plus her activities while in the position.
it's like the freak at the nuke dept that biden put in
crickets
Inflation is fake is T2K, nothing to do with politics.
Seriously, who is advising these people. Treasury management programs are widely available if you can't do it yourself.
ROKU, Oprah, SVB all had no idea what they were doing.
OK one more attempt to reset the thread.
I think we have one or two 25 bip raises before the Fed pauses.
That doesn’t mean we move to QE, but that everyone is willing to see if the terminal rate is enough to coast inflation to around 3%.
Things are slowing. Risk off is a thing. Excesses are being wrung out (VC slowing down, tech is right sizing- for example META just laid off 1O,000).
This next earnings period will be telling. Some companies are going to do ok in a year of a high rate environment, some won’t. Look for babies thrown out with the bath water.
In a month I’m going to run screens to find stocks. Probably positive FCFF with a PE below 14. The pivot is coming. Not this week but soon.
I think we have one or two 25 bip raises before the Fed pauses.
That doesn’t mean we move to QE, but that everyone is willing to see if the terminal rate is enough to coast inflation to around 3%.
Things are slowing. Risk off is a thing. Excesses are being wrung out (VC slowing down, tech is right sizing- for example META just laid off 1O,000).
This next earnings period will be telling. Some companies are going to do ok in a year of a high rate environment, some won’t. Look for babies thrown out with the bath water.
In a month I’m going to run screens to find stocks. Probably positive FCFF with a PE below 14. The pivot is coming. Not this week but soon.
Nobody knows anything about her. So rather than defending / attacking her, we probably shouldn’t be arguing about her at all.
You spend absolute 0% of your posts on her caveating that she apparently works for the UK subsidiary (an HSBC sub as of yesterday), that you have no idea how her role contributed or didn’t contribute to the bank’s issues, and you have no idea what her qualifications are / were?
That screen snip of her that people keep sharing was not her corporate bio, if she maintained one, it was from a deck the company put together on diversity / inclusion stuff. It is not the extent of her background, it is her background as it related to that context.
wrong, her resume and work experience is out there.
her work activities have been described through various items including linkedin on a simple search
you guys gotta be less lazy and try harder
it's because of group think. I can tell you that a lot of senior level positions have social requirements or looks now. it's appalling what I see and hear.
You think that bank would hire a red wall st guy? lol I know I kid...lol
You shouldn’t have brought this to my attention.
If the info floating around is accurate, what I found was that she was in IT risk assessment…
Not balance sheet risk, not interest rate risk, not the guy in Margin Call who realized that the institution is a bad day away from going under.
IT risk…
Hmmmmm... Off the top of my head....
Capital investment in the business
Acquisitions
Buyback shares
Dividends
Short-Term and long-term MARKETABLE Securities (measured carefully)
Others?
so again, who is going to defend this as anything other than a diversity hire?
and for those of you who don't want politics discussed but fail to see the connection, look no further than CS which I said 6 mos ago would fall on the political sword!
is the only correct answer for these companies. We're not talking mature enterprises that are brick and morter per se, we're talking 90%+ start up, vc , high tech.
the nature of the business drives the application of funds
We don’t know anything about her! She might not even be in IT risk…I saw it on LinkedIn…that maybe isn’t even her page or she may have changed it.
That’s the thing, we don’t know anything about her. Which is why using her as a symbol for the collapse is so pointless. And why we shouldn’t even be having this conversation.
I read “When Genius Failed” last summer. Extremely qualified financial geniuses managed to bankrupt a hedge fund while carrying massive systemic risk.
Maybe there were qualified people at the helm here, maybe not. We don’t know, and we should stop arguing about one employee in the UK.
His brain is polluted to see everything from a political lens. Don’t engage; it’s a waste of time. If he believed in what he says then he’d go through companies and find gay/black/female/ furry drag c-suite executives who don’t belong and short the stocks. He won’t because it’s bullshit. His commentary is for the CE board.
Focus on finding and discussing trade opportunities.
Love buybacks, but all companies need some liquid cash (and some a lot depending on their current state).
Yeah I feel like a pivot is coming. Individual stocks before indices.
Focus on strong free cash flow to the firm (indicates lower or serviceable debt levels) and low PE (relatively beat up stocks due to macro factors)
If I had a company with that much cash I would invest 95% of it into short term t-bills
you need to look harder, it's all there
interesting that her linkedin was scrubbed
For a general guideline, look at AAPL and BRK-A/B. They seem to know what they're doing re: cash on hand. 😉
sad and funny
nypost.com
Obama official, Hillary donors, improv actor: Meet SVB’s board of directors
Among the 12 directors who were supposed to oversee fallen Silicon Valley Bank — and prevent the catastrophic errors on Friday threw the entire banking system into jeopardy — there’s only one…
nypost.com
Time to move on. Let it go.sad and funny
Obama official, Hillary donors, improv actor: Meet SVB’s board of directors
Among the 12 directors who were supposed to oversee fallen Silicon Valley Bank — and prevent the catastrophic errors on Friday threw the entire banking system into jeopardy — there’s only one…
There should be a training program for tech CFOs on treasury operations and cash management. It's not rocket science.
you and i have been on opposite sides of this... which is fine by me... it's fun to watch how it plays out..
but, I'd suggest that the Fed can't do less than 25bps
less than 25 is not just "save face".... rather, it would signal that things are really really bad... and they don't want to do that either.........
This type of executive hire points to a failure by many parties within SVB to properly manage risk. She seems to have spent an inordinate amount of her work time on non risk management activities. There are plenty of senior mgrs who have been motivated by bonus factors to fill positions with diversity, not what is best for the shareholders. If you have been motivated to exclude the vast majority of potential candidates, you end up with weak hires.
There are technology based tools and services that can easily and effectively spread deposits across many banks. Having said that, a question is what is the right capital allocation and deposit level. T-bills, money markets, other short term instruments can be used. Cash flow management and an overall disciplined financial plan with regular review is obviously important here.
I think there is some confusion (not necessarily in this thread but in the public in general) regarding the FDIC coverage limit. Please see attached. Essentially you can have coverage of $250k at a bank per account type. So, for example, a married couple that had individual saving accounts, a joint savings account, each with IRAs, their coverage would be up to $250k per account and type. In the case above, &250k for each separate savings account, $250k each for the joint, $250k each for each of their IRAs. Of course, this could be replicated at another(s) institution.
www.fdic.gov
Deposit Insurance At A Glance | FDIC.gov
Yea that was actually brought up a few weeks ago for someone splitting up money beyond 250K. I mentioned you didn’t necessarily need to split it up among multiple banks assuming you trust your spouse lol because the limits are by account type.I think there is some confusion (not necessarily in this thread but in the public in general) regarding the FDIC coverage limit. Please see attached. Essentially you can have coverage of $250k at a bank per account type. So, for example, a married couple that had individual saving accounts, a joint savings account, each with IRAs, their coverage would be up to $250k per account and type. In the case above, &250k for each separate savings account, $250k each for the joint, $250k each for each of their IRAs. Of course, this could be replicated at another(s) institution.
Deposit Insurance At A Glance | FDIC.gov
That’s a hard sell lol.
www.cnbc.com
SVB's new CEO urges clients to 'help us rebuild our deposit base'
Tim Mayopoulos, who was appointed by regulators to run SVB, sent an email to clients on Tuesday telling them the bank is in business and wants their deposits.
Morgan Stanley is testing an OpenAI-powered chatbot for its 16,000 financial advisors
Morgan Stanley's move is one of the first announcements by a financial incumbent after the viral success of OpenAI's ChatGPT.
nope, now we've got pensions that had monies in svb so that will be the new round of comedy.
California teachers association, korea pensions and more. gonna get funny
this has been ongoing but according to some, nothing to see here folks. She was a consultant and not even in risk model management space while at Deloitte. I know that team well
in all fairness, mature vs not so mature and of course, market scope and breadth matter but who's really paying attention
really dumbfounded at just how ignorant this board is to business, cash management, investing and overall market dynamics. Oh and of course, political issues/consequences
My apology, don’t think I saw that. When a thread gets too political for me, or otherwise turns into a pissing match, I stay away for a bit. Not sure that happened here, could have just been my senility.
Honestly, those woke CRT teaching pro-trans teachers in California should not not get a dollar from real Americans. Same for Korea pension- why pay Elaine Coco Chow’s relatives first.
Make America Greater Again
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