“I think it's a completely reasonable position to take. It's essentially a Larry Swedrow position, right? He says, take your risk on the equity side, right? Keep your bonds very safe, very high quality, very short-term, you know, short-term treasuries, for instance. Well, the shortest-term bonds are cash, right? That's what cash is.”

“You should be using your traditional accounts for your lower returning investments. So if you have a diversified portfolio of cash, bonds, and stocks, use your traditional accounts for the cash and bonds”

“Most of the capital in the asset management industry is inherently short term, available for redemption on a minute by minute, day by day, or quarterly or annual basis. It's hard to think long term if your investors are going to be judging on a very short term basis.”

“I did just a very short-term, low-leverage scalp short on Bitcoin this morning. A tasteful short. I got in and out of it.”

“Never give cash. If you're going to give, give appreciated stock to what's called a donor advised fund”