The Smartest Guys in the Room Weren't So Smart... And Supreme Irony at SVB and the SEC's Focus on Earnings Quality
herbgreenberg.substack.com
One theme I've been hammering away at since the bubble burst has been how the market had fooled the seemingly smartest of the smart... As I tweeted back in March 2021... The latest example, of course, is the failure of SVB Financial (SIVB), whose Silicon Valley Bank was the bank to the stars and starlets of Silicon Valley.
The Smartest Guys in the Room Weren't So Smart... And Supreme Irony at SVB and the SEC's Focus on Earnings Quality
The Smartest Guys in the Room Weren't So…
The Smartest Guys in the Room Weren't So Smart... And Supreme Irony at SVB and the SEC's Focus on Earnings Quality
One theme I've been hammering away at since the bubble burst has been how the market had fooled the seemingly smartest of the smart... As I tweeted back in March 2021... The latest example, of course, is the failure of SVB Financial (SIVB), whose Silicon Valley Bank was the bank to the stars and starlets of Silicon Valley.