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Warren Buffett on WHAT IF Silicon Valley Bank deposits are NOT fully covered? | BRK 2023

In this video, Warren Buffett and Becky Quick discuss the potential catastrophic economic consequences of bank deposits that are not fully covered. They talk about how the FDIC limit is just the way the statute reads, but it's not the way the U.S. is going to behave. They also delve into the possibility of starting a run on every bank in the country, which could disrupt the world financial system. Watch this insightful conversation to learn more about the importance of fully covered bank deposits. Warren Buffett's Recommended Book List: ► https://www.amazon.com/shop/yapss ► Video Transcript & YAPSS Takeaway: https://www.yapss.com/post/warren-buf... This speech is given by Warren Buffett & Charlie Munger at Berkshire Hathaway Annual General Meeting on May 6, 2023. ► Full Video: https://buffett.cnbc.com/2023-berkshi... ☆Who is Warren Buffett (The Oracle of Omaha)?☆ Warren E. Buffett is one of the most successful investors in the world and the chairman & CEO of Berkshire Hathaway, who has a net worth of over 100 billion dollars. Warren Buffett's Berkshire Hathaway has posted average annual returns of 17.1% since 1985, well ahead of the broader stock market’s 10.5% including dividends. If you’d invested $10,000 in Berkshire Hathaway at the start of 1985 you’d now have $2.4 million; the same principal in the S&P 500 would now be worth about $227,000. Share this video with a friend if you find it useful! Consider subscribing to the channel for videos about investing, business and life from Warren Buffett and other great investors! For any concerns, business inquiries, etc. please contact us via email [email protected] YAPSS Playlist – Collection: Warren Buffett:    • [Collection: Warren Buffett]   #YAPSS #WarrenBuffett #CharlieMunger #BerkshireHathaway Warren Buffett on WHAT IF Silicon Valley Bank deposits are NOT fully covered? | BRK 2023