Recent comments in /f/wallstreetbets

FVMAzalea t1_jeemcwz wrote

Nah, you do sort of have a point. As those deposits grew in the last few years, banks bought assets (like bonds) with them. Now those assets are worth less (though not worthless) so there can be (and has been) damage from the pace of withdrawals, not just the amount of withdrawals relative to the total.

Not sure if your graph is absolute outflows or net outflows across all banks though. If I withdraw $1M from First Republic and put it into Chase, the net outflow is $0 but the total outflow is $1M.

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Andire t1_jeem27d wrote

Reply to comment by VisualMod in OK analyst by Affectionate_Lab_425

Efficient Market Hypothesis is at odds with Behavioral Economics, where people are absolutely not making well informed and maximally efficient decisions. Just look around for a bit. Not all retail traders yolo calls for the up boats, but there's plenty who buy Tesla thinking it's a good company, when in reality their balance sheets have always been dog shit.

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Fuego1050 OP t1_jeelk8f wrote

Moats around state licenses create barriers to entry. Medical only programs have larger barriers.

Definitely a commodity on low quality bud, but mid/premium flower is more CPG like with pricing power.

Flood of capital and excitement bc of how strong demand is creates supply surplus - but this capital constrained environment is weeding out the unprofitable fat.

Like alcohol - 4-5 will survive and dominate - and this is a long term growth giant that alcohol/tobacco and pharma want a piece of.

Lets come back to this after re-schedule happens at some point this yr.

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