This podcast features an interview with Brad Rinschler, founder of Downrange Capital Management, focusing on his investment strategies in the banking sector. The conversation covers his successful short positions in five banks that went bankrupt in 2023, attributing their failures to interest rate risk and poor management, as well as his current bullish outlook on smaller community banks due to favorable valuations and anticipated mergers. Rinschler details his largest holding, GBank Financial Holdings, highlighting its unique business model and significant growth potential. He also shares his bearish views on certain commercial real estate lenders and expresses concerns about the subprime consumer lending market.
