“Our average holding period is just shy of a decade… we have trimmed these positions as the cycle has been in our favor, and we’ve bought more as the cycle has ebbed and flowed”

“Our global liquidity cycle this is shown as an index um it's basically an index of the underlying momentum of global liquidity so this is the underlying growth rate and you can see that it moves in four in five to six year spans or cycles”

“We give each trader the maximum risk points he can risk per a cycle… when the trader is at base, like at zero, he starts slow… as he's going into some winning streaks… he can increase the risk… we go to a certain point of risk points, and then we reset the cycle”

“From my reporting, I've determined that the average holding period is about two days.”

“Payment services provider takes your money for a credit card and behind the scenes, they convert it into something called cycles… providers can turn those cycles back into cash because there's a market for them.”