If you choose not to take risks, to play it safe, you will never know what it feels like to accomplish your dreams or achieve greatness. Go boldly after what you want and expect some setbacks, some disappointments, and some rotten days. Embrace them all as a valuable part of the process and learn to say, “Thank you, teacher.” Be happy, feel appreciative, and celebrate when you win. Don’t look back with regrets at failures. The past cannot be changed, only learned from. Most important, never let rotten days make you give up.
SVB wouldn’t have grown into the 16th largest bank
without free money, which allowed Tech, PE, VC, and private credit to thrive. 6-months ago it was known there were problems brewing and so did the Fed. Federal Home Loan Bank advances soared by 200% in 2022, approaching pre-Great financial Crisis levels.