Silicon Valley Bank’s failure is the second largest bank failure in U.S. history, Washington Mutual Fund being the largest in 2008.
The catastrophe was not driven by credit problems but mismatch of assets and liabilities.
NGOs, George Soros, Media Cartels and the Adani Group
On 25th January, short-seller Hindenburg Research published a report beginning a series of well planned and co-ordinated attacks on the Adani Group.
Soon enough, George Soros the 92 year old speculator billionaire joined the issue of attacking the quality of India’s democratically elected polity. Best known for his attack on the British pound in 1992 he has since used his billions to fund political and public causes in more than 120 countries around the world. In 1997, he made huge bets against the Thai and Malaysian currencies and precipitated the Asian financial crisis that brought down economies of Indonesia, Thailand, South Korea and Malaysia. This also brought about regime changes in some of those countries. Soros is hoping that the Ukraine war will bring down Putin and Russia. With national elections round the corner, Soros is also hoping that such coordinated attacks will bring in a regime change in India.
The Dark Truth About IPOs
Life was cruel for a has-been Bollywood starlet. Her days were numbered. Add to the misery was marriage to a benami NRI businessman who was down to producing/directing trash short films. Now, meet a couple posing to be early-stage investors on a popular TV channel who are supposedly blessed with business acumen and foresight and are in tight with a few VCs. Together with the starlet, they plan a heist.
7 FTX Lessons For Investors
The FTX story has a bit of everything. Fraud, greed, lust, political connections, a relatively new concept in cryptocurrency, wealthy families, large financiers considered “masters of the universe” (we have them in India too!), suckers, Bahamas and multiple other locations of business subsidiaries. That’s not to mention the employees and average investors who’ve been caught up in the downfall. Also, the lawsuits and court drama which are no doubt to follow. Knowing America, books and movies on the subject will already be in the offing.
5 Ways to View Asset Allocation Differently
What comes to mind when you hear the words asset allocation? Equity, debt, cash, gold and real estate. Maybe art and commodities, if you are so inclined.
But there is much more to it. The money that we have is limited. Our time on this planet is limited. Our energy is limited. And how we efficiently allocate accordingly matters a great deal.
Let’s direct our attention to what Arunasset calls the “big-picture allocations”, that will ultimately define whether you find success in life, and not just the financial kind.