Graham stephan

Real Estate Investor, Car Enthusiast, 4M+ Subs on YouTube. Newsletter - newsletter Insta -

[Graham stephan @grahamStephan_2]

@wizkidfc_ Wizkid son is better

[Graham Stephan @GrahamStephan]

Meet the SIPC.

The Securities Investor Protection Corporation (SIPC) insures up to $500,000 worth of stocks per brokerage account, per consumer.

Stocks have higher coverage than even bank deposits.

[Graham Stephan @GrahamStephan]

FDIC insures bank deposits up to $250,000.

But what happens to your stocks if your brokerage fails? 🧵

[Graham Stephan @GrahamStephan]

Bear Sterns was bailed out 15 years ago on this date.

Thankfully we learned our lesson and everything's fine now...

[Graham Stephan @GrahamStephan]

If you want to develop websites and games, coding is no barrier.

GPT-4 can take in your instructions and spit out the final product. Here's an example of a Snake game made with it.

https://t.co/dFne1uVCQv

[Graham Stephan @GrahamStephan]

ChatGPT can help you start a business from scratch. @jacksonfall gave it $100 and it came up with a detailed business plan, step by step, and he is posting live updates on how it's going!

https://t.co/gmMKXJBDgF

[Graham Stephan @GrahamStephan]

@jacksonfall GPT-4 helps with drug discovery. Describe a medicine and it can suggest similar compounds to test out.

Will GPT cure cancer?🤔

https://t.co/yUiGhPN4Ym

[Andrew Lokenauth @FluentInFinance]

Tech Layoffs in the last 3 months:
• 21,000 Meta $META
• 18,000 Amazon $AMZN
• 12,000 Google $GOOG
• 10,000 Microsoft $MSFT

Job security is an illusion.

One of the biggest risks in life is depending on only one source of income.

[Graham Stephan @GrahamStephan]

GPT-4 is here.

Its abilities are mind-blowing – and can make you money: 🧵

[Graham Stephan @GrahamStephan]

Credit Suisse had more than $1.5 Trillion under management at the end of 2021, 50,000+ employees, and a strong balance sheet.

It was also one of the banks that was considered "Too big to fail".

But since 2008, its share price had fallen by more than 90%. Why?

[Graham Stephan @GrahamStephan]

Credit Suisse was facing a host of other issues:
- Questionable practices
- Bad business models
- Failure in communication
- Fraud and scandal

All this broke the asset that a bank needs most – Trust.

[Graham Stephan @GrahamStephan]

Here are some examples:
- In 2017, CS agreed to pay a $5.3B fine for overvaluing mortgage securities during the 2008 financial crisis.
- In 2014, they paid $2.6B in fines for assisting US taxpayers in filing false returns.
- In 2021, they lost $4.7B in the Archegos debacle.

[Graham Stephan @GrahamStephan]

But the exact opposite happened.
CS stocks fell further.
There was alarm in the market.

Things stabilized in the short term, but last week, Saudi National Bank, one of CS's biggest stakeholders was asked if they would invest more.

They said: "Absolutely not".

[Graham Stephan @GrahamStephan]

The timing couldn't have been worse. SVB's collapse was shining a spotlight on the banking industry.

Credit Suisse was looking bad:
- They failed the Fed's stress test for risk exposure.
-Also, they said there were material weaknesses in their financial reporting.

[Graham Stephan @GrahamStephan]

When one of the largest banks in the world says this, investors run for the exits.

Costs of Credit Suisse CDSs skyrocketed, with people betting on the bank's demise.

The Swiss National Bank tried to save the situation by extending liquidity support to the bank.

[Graham Stephan @GrahamStephan]

If you liked reading that, like and retweet the first tweet to share this information with more people.

Follow @grahamstephan to stay updated on the market and become a smarter investor.

https://t.co/GV7E7NPHBC

[Graham Stephan @GrahamStephan]

Credit Suisse was one of the world's largest banks for 166 years.

This is how it all unraveled in less than a year:🧵

[Market Sentiment @mkt_sentiment]

12 important charts every investor must know:

1. Over the past ~200 years, the U.S. dollar has lost 95% of its value whereas stocks are up 70,499,600%.

[Market Sentiment @mkt_sentiment]

94% of active fund managers do not beat the market.

But data shows us that there are a lot of simple strategies that do.

Here's how you can beat the market 👇

[Morgan Housel @morganhousel]

Coming November 7th ...

A new book about the behaviors that never change over time.

What people have always done, and will always do.

Pre-order here: https://t.co/ktlCyNYpnJ