Dropping Bombs · Exposing the Secret Business of Bail Bonds (Bounty Hunter Reveals All)
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Maintains a 'buff account' that bonding companies use as collateral to cover potential losses on bonds he issues
“The inflation component in nominal bonds plays an important role… when you hold nominal bonds, that's of course exposed… the increase in bond risks has some similarities… bonds and stocks have moved together.”
“‘If you are going to go into bonds, all I'd say is just use ETFs. Don't try to go direct through bond brokers.’”
“Globally, the bond market actually is bigger than the entire banking system as well.”
“The municipal bond market in the US is I think four or five trillion.”
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