Vincent Daniel of Seawolf Capital returns to Forward Guidance to share his latest thinking on bank stocks, market structure, and long/short investing.Immortalized in “The Big Short,” Vincent’s interview with Jack and his partner Porter Collins in January 2022 can be found here: https://www.youtube.com/watch?v=_b_HCd0ir3k&t=10s____Today's show is sponsored by Public.com: Get a 5.4% yield when you open a government-backed Treasury Account by going to https://public.com/forwardguidance____Follow Vincent Daniel on Twitter https://twitter.com/VD718Follow Jack Farley on Twitter https://twitter.com/JackFarley96Follow Forward Guidance on Twitter https://twitter.com/ForwardGuidanceFollow Blockworks on Twitter https://twitter.com/Blockworks_

____Timestamps:(00:00) The Current Setup(06:49) Did SVB Response Fuel Recent Stock Market Rally?(09:22) The Perils Of Shorting Stocks(13:07) Debt Ceiling Resolution(21:17) Public.com(22:21) Passive & Vol Targeting Funds(26:24) Outlook on Stocks(29:47) Importance of Stop-Losses(31:12) How Much Research Before Taking A Position?(32:33) Concentration Risk/Reward: How Many Positions?(34:10) Why Vincent (and Porter) Shorted Banks Before Silicon Valley Bank Collapse(39:31) Banks' Moats Are Less Valuable Now, Says Vincent(42:58) Bank Run Risk Is Higher Now Than During Great Financial Crisis(44:52) Core Tier 1 Is Nonsense(54:01) Private Equity(01:02:30) Can High Debt Levels Hanlde High Interest Rates?(01:06:09) Slaying The Inflation Dragon(01:07:57) Vincent's Views On Bank Stocks Going Forward(01:12:46) Energy Stocks(01:17:00) "The Fed Put Never Died”(01:19:19) Views On Recession Risk: "It's Hard For Me To See A Reflationary Boom"(01:21:52) Uranium____Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.