Why I’m NOT Buying Bank Stocks (Banking Crisis Continues)

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Many bank stocks are selling off and in the distressed territory. I explain in this video why I’m not buying these stocks.

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00:00 Preview
01:17 Patreon Plug
02:25 Banks Use Lots Of Leverage
04:04 Banking Is A Confidence Game
08:20 Banking Is Complex
15:00 The Risk Of Bank Runs
19:03 Sticking To A Disciplined Strategy

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About Joseph Carlson:

I am not a professional investor and have never claimed to be. I’m an amateur investor sharing my experience of what I’ve learned, where I have had success, and where I’ve had failures. I share my thoughts on investing and performance with transparency. My approach and goal to investing is to buy high-quality long-term investments in world-class businesses that I call “compounders”. I view my investments as businesses, not as stocks. Before creating content on YouTube full time I worked as a senior-level programmer for 8 years. Over the years as a programmer, I compounded my knowledge of development. I take the same iterative learning approach to my study of investing. I study investing as a craft in the continual pursuit of being better. I will make mistakes in investment decisions from time to time. Results are not guaranteed. Please do not blindly follow me into any investments, and make sure your portfolio and investments are built around your specific income, risk tolerance, personality, and timeline, and overall circumstances.