Stocks Neat

Moral hazard in the tech industry: the case of Silicon Valley Bank

Forager Funds Season 1 Episode 16

In episode 16 of Stocks Neat, Co-Portfolio Manager Gareth Brown joins CIO Steve Johnson, all the way from London, to delve into the Silicon Valley Bank bankruptcy and the broader issues of regulation, moral hazard, and the importance of creative destruction for economic growth.

Steve and Gareth explore the issues of solvency and liquidity in the banking industry and the problem of duration mismatch caused by investing short-term deposits into long-term assets. 

They discuss the importance of counterparty risk for investors and emphasise the need to consider where your money is, who owns the assets, whether there is a small probability that something can happen with dramatic consequences, and whether measures can be taken to mitigate these risks.


Show Notes:


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