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>groupthink SVB made terrible investments and gambled hundreds of billions of dollars, and then they lost. It's not groupthink the pull your money out of a sin
by albatross13 4y ago
>groupthink
SVB made terrible investments and gambled hundreds of billions of dollars, and then they lost. It's not groupthink the pull your money out of a sinking ship, it's idiotthink to keep it there.
- simiones 4y agoI believe the groupthink OP was referring to was so many tech companies storing their money in SVB in the first place, not them all getting their money out at the same time.
- albatross13 4y agoAh, I think you're correct- my apologies.