A mountain lion was captured and is under observation after being found in front of a home in Santa Rosa on Tuesday night, police said. ktvu.com/news/mountain-…
@HesterPeirce Commissioner Pierce: The comment letter I submitted did reference orphaned preferred securities, but not specifically “fixed income.” There are many types of securities that should have been exempted: including preferreds, banks, and insurance companies. Robotically is right.
@GWInvestors Great comments Steven, I agree. Conversely - I have a lot of smart friends long value that still don't realize that most of their trade is just long interest rates. Hey..wait a minute...Am I in that group?🤔
12/ the inconvenient truth behind all of this, though, is that if the Fed goes to YCC, we'll resume the trade of "Terminal Value > Present Value." I have a lot of very smart friends long compounders that still don't realize that most of their trade is just short interest rates...
1/ the next big trade seems almost too obvious that it’s going to be a boring company / value revival. I’ve been debating with friends (@GreenhavenRoad@AboveAvgOdds@LaughingH20Cap@Dan_Roller@macrotwain) over the past couple of days, and most are skeptical, so here’s my case.