by Brian Pillmore | Mar 13, 2023 | Brian's Blog
I don’t see the shutdown of SVB by regulators or the self-liquidation of Silvergate as indicators of widespread contagion but there are some characteristics of troubled banks that we ought to be aware of: (1) Low loan-to-deposits (inefficient balance sheet...
by Brian Pillmore | Mar 10, 2023 | Brian's Blog
How can a BANK have a $14B tech budget?? (cough, cough, JP Morgan) The answer isn’t SIZE – It’s AGE. Most businesses get big because they’ve been around for a long time.(Except now, tech companies can get really big, really fast)But for our purposes, Big...
by Brian Pillmore | Mar 10, 2023 | Brian's Blog
Obviously they had to pay something for it,But in my mind, a billion raw data points isn’t all that valuable. In fact, you could find it all yourself – For FREE. What makes our data valuable is 2-fold: 1️⃣ We have a program to gather and sort it perpetually2️⃣...
by Brian Pillmore | Mar 7, 2023 | Brian's Blog
Sure it would be nice to have all A+ talent,But what these complainers don’t realize is that nobody is measuring them based on their accomplishments…. They are measured on what they can ACCOMPLISH with what they’ve been GIVEN. Take John Wooden as an example. He was...
by Brian Pillmore | Mar 7, 2023 | Brian's Blog
I knew from the beginning that the most important thing would be getting her comfortable with speed. Open-air speed was new to her and she would need to move past the fear. We went straight to the top of a long, easy green run and spent a few minutes at the top to let...