I mean if I knew interest rates were gonna go high all the way back in 2021, then why didn’t SVB? Oh right cause they didn’t have a CRO. They bought one of th

I mean if I knew interest rates were gonna go high all the way back in 2021, then why didn’t SVB? Oh right cause they didn’t have a CRO. They bought one of the worst assets you could’ve in that time frame. MBSes with barely any interest and long maturity times.