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…
Warren Buffett’s Advice On How To Navigate A Crisis From 2008
Rupert Hargreaves
Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk
