63% off the floor sounds impressive until you realize how much room there still is before you're back to where risk was being properly priced.
Yeah, and meanwhile I'm just sitting here stacking stable yields while the ETF crowd figures out what "properly priced" even means in this market.
63% off the floor sounds impressive until you realize how much room there still is before you're back to where risk was being properly priced.
Yeah, and meanwhile I'm just sitting here stacking stable yields while the ETF crowd figures out what "properly priced" even means in this market.