**Response to @TrungTPhan:**
Giannis lived in Greece when its GDP shrank by 25% during financial crisis and kept those lessons (although having 50 accounts is a fraud risk, so the owner set him up with a wealth manager).
Came on this for a round-up doing for my email tomorrow: trungphan.substack.com (https://trungphan.substack.com)
https://nitter.moomoo.me/TrungTPhan/status/1634402839316561920#m
Giannis Antetokounmpo with next level risk-management skills
https://nitter.moomoo.me/TrungTPhan/status/1634401487593033729#m
**Response to @TrungTPhan:**
People, please don’t ape into Audible. It’s a joke…and Audible is doing fine:
“it currently has 40%+ market share of the $5B audiobook market, which is growing at 25% YoY. Market size projected to reach $35B by 2030. All high margin digital revenue.”
trungphan.substack.com/p/wha… (https://trungphan.substack.com/p/what-is-amazons-best-acquisition)
https://nitter.moomoo.me/TrungTPhan/status/1634334612477575168#m
**RT @NIApodcast:**
Some shocking stats about obesity
https://nitter.moomoo.me/NIApodcast/status/1634329380125306881#m
**RT @Bfaviero:**
If you have money trapped in SVB:
1) Go screenshot your balance / account number in SVB Go to save whatever records and evidence you have of money left in there
2) Go through the below process to get your FDIC-insured funds back (up to $250k per account).
nitter.moomoo.me/iankar\_/status/1634280594623586304#m (https://nitter.moomoo.me/iankar_/status/1634280594623586304#m)
https://nitter.moomoo.me/Bfaviero/status/1634289836726145069#m
**Response to @TrungTPhan:**
To be sure, MBS in ‘23 is a different type of problem than MBS in ‘08
nitter.moomoo.me/compound248/status/1634105399011061760#m (https://nitter.moomoo.me/compound248/status/1634105399011061760#m)
https://nitter.moomoo.me/TrungTPhan/status/1634257783498637312#m
**Response to @TrungTPhan:**
Good thread on relationship between tech founders and SVB
nitter.moomoo.me/bhargreaves/status/1634244961800429599#m (https://nitter.moomoo.me/bhargreaves/status/1634244961800429599#m)
https://nitter.moomoo.me/TrungTPhan/status/1634256901675585537#m
**Response to @TrungTPhan:**
Deep dive thread on topic from Jon
nitter.moomoo.me/jonwu\_/status/1634250754486857729#m (https://nitter.moomoo.me/jonwu_/status/1634250754486857729#m)
https://nitter.moomoo.me/TrungTPhan/status/1634256655629295616#m
Mortgage-backed securities after someone said it could no longer cause a massive banking crisis
https://nitter.moomoo.me/TrungTPhan/status/1634256053100773376#m
**RT @jonwu_:**
The 20th largest bank in the US was just closed by California state regulators.
Silicon Valley Bank was rumored to be in a sale process to protect its depositors.
Now, it's the second biggest banking failure in US history.
All because of a secular bet against rising rates:
https://nitter.moomoo.me/jonwu_/status/1634250754486857729#m
**Response to @TrungTPhan:**
Buffett’s Goldman deal in 2008:
-$5 billion in preferred stock paying a 10% annual dividend
— warrants enabling it to buy 43.5 million of Goldman's common shares at $115 each at any point in the ensuing five years
— By 2020, he netted $3B on top of markets.businessinsider.com/… (https://markets.businessinsider.com/news/stocks/warren-buffett-berkshire-hathaway-goldman-sachs-sale-billions-return-bailout-2020-5-1029212109?amp)… nitter.moomoo.me/i/web/status/163… (https://nitter.moomoo.me/i/web/status/1634055123474468866)
https://nitter.moomoo.me/TrungTPhan/status/1634055123474468866#m
**Response to @TrungTPhan:**
Buffett’s BAML deal in 2011 was wild:
— $5B cash for $5B preferred shares (5% dividend)
— warrants for 700m common at $7.14 per share (when he exercised in 2017, it was ~$30 a share)
— So in 6 years, turned $5B into $20B+ and $1.5B in dividends
— Today, owns 13% of BAML
🔗… nitter.moomoo.me/i/web/status/163… (https://nitter.moomoo.me/i/web/status/1634053239812534276)
https://nitter.moomoo.me/TrungTPhan/status/1634053239812534276#m
**Response to @TrungTPhan:**
Glen & Friends re-created the 1886 Coca-Cola drink (minus coca leaves). Sounds very sugary: piped.moomoo.me/IWYuPE8rkeE (https://piped.moomoo.me/IWYuPE8rkeE)
https://nitter.moomoo.me/TrungTPhan/status/1634048785860157441#m
**Response to @TrungTPhan:**
they fumbled the ball by not making the “cocaine in coke” movie
nitter.moomoo.me/jayvas/status/1632885486300610562#m (https://nitter.moomoo.me/jayvas/status/1632885486300610562#m)
https://nitter.moomoo.me/TrungTPhan/status/1633933012449755137#m
**RT @WalshFreedom:**
Thread.👇
nitter.moomoo.me/TrungTPhan/status/1633883749091000322#m (https://nitter.moomoo.me/TrungTPhan/status/1633883749091000322#m)
https://nitter.moomoo.me/WalshFreedom/status/1633908551214088209#m
**RT @AlbertBridgeCap:**
For fans like myself and @danielcrosby (https://nitter.moomoo.me/danielcrosby), this is Must See Trung P.
nitter.moomoo.me/TrungTPhan/status/1633883749091000322#m (https://nitter.moomoo.me/TrungTPhan/status/1633883749091000322#m)
https://nitter.moomoo.me/AlbertBridgeCap/status/1633894218417463297#m
**Response to @TrungTPhan:**
That dividend!
nitter.moomoo.me/DividendGrowth/status/1633889828071780352#m (https://nitter.moomoo.me/DividendGrowth/status/1633889828071780352#m)
https://nitter.moomoo.me/TrungTPhan/status/1633890122214305793#m
**Response to @TrungTPhan:**
There’s a ~100 year old diner shop in Manhattan that serves Coca-Cola the old-fashioned way.
https://nitter.moomoo.me/TrungTPhan/status/1633885316728901632#m
**Response to @TrungTPhan:**
Instead of bringing back the 1886 Coca-Cola, the Pemberton Red Wine might be an even bigger winner:
nitter.moomoo.me/elonmusk/status/1519480761749016577#m (https://nitter.moomoo.me/elonmusk/status/1519480761749016577#m)
https://nitter.moomoo.me/TrungTPhan/status/1633883799598809088#m