Warren Buffett, CEO of Berkshire Hathaway, has spoken out on the 2023 economic crisis and the collapse of Silicon Valley Bank. So what does the world's best value investor have to say on the recession, the U.S. banking collapse and the bank stocks right now? If you want to sign up for Simply Wall Street (and support the channel in the process), use this affiliate link to sign up and get 40% off! Or use my link to get an extended 14 day free trial! New Money Clips: My Podcast: ★ ★ PROFITFUL ★ ★ Learn to Invest with Brandon van der Kolk (BUNDLE OFFER) ► Learn to Master Your Tax Return (SPECIAL OFFER) ► ★ ★ CONTENTS ★ ★ 0:00 Buffett's Trip to Japan 1:00 Buffett Explains the Bank Crisis 2:00 How the Banks Hid Their Losses 4:00 Warren Buffett's Integrity as CEO 4:45 Why Buffett Sold his Bank Stocks 7:38 Will Americans Lose their Savings? 9:40 Moral Hazard 11:35 CEOs Profiting from Financial Crises 12:45 Are the Bank Stocks Cheap? 14:30 Buffett's Key
Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)