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First Republic’s rescue, Charlie Munger’s warning, and Brad Gerstner’s harsh words 5/1/23

The Exchange

00:00

The First Republic Bank and the Bankruptcy

The president weighs in on the sale of first republic bank. Bill smeed is chief investment officer at smeed capital management. Anthony Noda owns energy housing, shopping mall stocks and even some banks too. We talk about how inflation still remains a top concern for value investors.

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