# Bull Sessions (3/14/2023)

How could we NOT talk about Regional Banks? Sharing some perspectives on what happened in the Silicon Valley ...

Canonical: https://www.manifestinvesting.com/community/events/810

How could we NOT talk about Regional Banks? Sharing some perspectives on what happened in the Silicon Valley ...

In this mid-March Bull Sessions webinar, Mark Robertson and Ken Kavula host a special discussion centered on the banking crisis triggered by Silicon Valley Bank's collapse and its ripple effects across the financial sector. Joined by special guests Matt Spielman, Lynn Douglas (a backroom contributor), and Ross Meredith—a retired bank examiner—the panel explores the turbulence in the banking industry and market implications. The speakers emphasize that market panic often exceeds reality, referencing Professor Scott Galloway's insight that "nothing is ever as good or as bad as it seems when you're in the moment." This perspective guided several panelists' investment decisions during the market dislocation, including opportunistic purchases in banking stocks at what they viewed as fire-sale prices.

The discussion covers multiple banking institutions experiencing market stress, with particular focus on Western Alliance Bank and Charles Schwab, both of which the speakers viewed as fundamentally sound despite temporary market punishment. Ken Kavula shares his analysis and recent stock purchases, while acknowledging the risks and unknowns still present in the banking sector. The panel also addresses Moody's recent bank investigation list and Wells Fargo's upgrade of Western Alliance. Throughout the session, the speakers demonstrate the investment club methodology of fundamental analysis over emotional reaction, using technical analysis and valuation charts to support their perspectives on long-term investment opportunities emerging from short-term market chaos.