In episode #15 of The Big Bo $how, Big Bo (a.k.a. Jason Blumstein, CFA) discusses the recent sudden collapse of Silicon Valley Bank, the 2nd largest bank failure in US history.    The $how takes a deep dive into: What happened? How and why this happened? What's next and where do we go from here? 4 Key Points you can learn as it relates to personal financeHope you enjoy the $how!Episode 15 Key Takeaways: 00:00 A high-level look at how the digital age makes it easier for a run on banks to occur.  03:56 Analyzing how banks make money, and how Silicon Valley Bank’s practices differed from other banks.  09:50 Diving into the data behind Silicon Valley Bank’s poor risk management. 16:11 Comparing past economic crises to learn from the different causes and outcomes. 21:53 Lessons individual investors can learn from Silicon Valley Bank and apply to their own financial futures.  25:11 Understanding the risks and limitations of FDIC insurance. The content is developed from sources believed to be providing accurate information. The information in this podcast is not intended as tax or legal advice. Please consult legal or tax professionals for specific information regarding your individual situation. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security. Julius Wealth Advisors, LLC (“JWA”) is a registered investment adviser located in Englewood, NJ. Registration as an investment adviser does not imply a certain level of skill or training.  The publication of The Big Bo $how should not be construed by any consumer or prospective client as JWA’s solicitation or attempt to effect transactions in securities, or the rendering of personalized investment advice over the Internet. A copy of JWA’s current written disclosure statement as set forth on Form ADV, discussing JWA’s business operations, services, and fees is available from JWA upon written request.  JWA does not make any representations as to the accuracy, timeliness, suitability, or completeness of any information prepared by any unaffiliated third party, whether linked to or incorporated herein.  All such information is provided solely for convenience purposes only and all users thereof should be guided accordingly. JWA is neither your attorneys nor your accountants and no portion of this podcast should be interpreted by you as legal, accounting, or tax advice.  We recommend that you seek the advice of a qualified attorney and accountant.

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