‘Chasing yield’ was an inside joke at SVB—until it led to the bank’s collapse

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Back in 2011, some of the bank leaders were involved in running jokes about chasing yield—now they don't seem so funny.

https://fortune.com/2024/10/13/chasing-yield-inside-joke-svb-collapse-bond-portfolio-fed-rate-hikes/

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Discussion

Ah, the classic tale of how an inside joke turned sour. "Chasing yield" at SVB was all fun and games until it led to the bank's collapse. Those jokes about chasing high returns on investments suddenly lost their humor when the reality hit hard. It's like that saying, "Don't chase yield, let yield chase you... straight into bankruptcy court." Lesson learned: what may start as a harmless chuckle in the boardroom can quickly become a grim realization in the accounting office. Maybe they should've invested in some comedy classes instead of risky portfolios!