Quarry Hill Insights

No matter how much money you have, you get used to it. The exciting thing is not simply having wealth; it's experiencing the contrast between what you had before and what you now have. Once that contrast wears off, you are adjusted to the new wealth baseline.

Silicon Valley startups nearly lost all their cash when Silicon Valley Bank collapsed this month. Almost all of the cash at this bank was uninsured. Had the government not intervened, thousands of companies would have instantly gone up in smoke.