“A Fed balance sheet at $6 trillion is more responsible than a $20 trillion balance sheet”
BK
Brij Khurana
Alpha Exchange ·
“We’re set up as a broker-dealer, majority of deposits are actually held not in a bank's balance sheet, but actually in securities and money market funds that the customer owns”
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Play from 30:49
30:49
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What was described
Operates as a broker-dealer so that the majority of customer deposits are held in securities and money-market funds owned by the customer rather than on a bank balance sheet
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“Portsmouth businesses should optimize for every AI model rather than backing one favorite. Your customers do not all use the same tool, so picking one just means going missing for everybody else.”
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“I think it really established it in people's minds as not curry house. So great utilization, breakfast, lunch, and dinner. And I think 20% of your customers are breakfast customers.”
♫
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