“If anything, I'd probably be looking at those bonds as a short.”

“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.”

“I’m actually in the midst of flattening out my long, which was a maximum long bond position in the process of flattening that out in the next day or two.”

“Typically, it lands somewhere between 12 months and two years. Of course, as the buyer, you want as long as possible. The seller wants as short as possible”

“Every executive assistant knew all of our financial positioning, all of our strategic positioning, and could explain the business as well as a senior executive.”