Warren Buffett’s Advice On How To Navigate A Crisis From 2008

First, it was Silicon Valley Bank. Now it looks as if Credit Suisse might have to seek a bailout from the Swiss authorities as confidence in the lender evaporates.

And Credit Suisse isn't the only bank struggling to convince its shareholders and customers to stick with it.

Confidence in the global financial system has been severely shaken over the past two weeks. SVB's collapse brought to light the challenges banks face due to the Federal Reserve's aggressive interest rate hikes, and investors have quickly drawn parallels with the 2008/09 financial crisis.

While it remains to be seen if any other large lenders will follow SVB and start another global financial crisis, in times like these it's always worth looking back to see if...