"Companies are borrowing $74B in the U.S. investment-grade bond market this week, the most for any comparable period since records began in 1972." https://www.bloomberg.com/news/articles/2019-09-05/with-49-deals-in-30-hours-u-s-corporate-bond-market-ignites?srnd=premium …
"The time to take the tarts is when they’re being passed. When the money is available, take it.”
"When the hors d’oeuvres are passing, take two.”
Eugene Kleiner (in another context, but still...)
"The decision to increase or decrease leverage depends on market conditions and investors’ receptivity to debt. The period from the late-1970s to the mid-1980s generally favored debt financing. The late ’80s, [were a time] to deleverage.” Michael Milken
25iQuiz: Who said this:
"The right time for a company to finance its growth isn't when it needs capital, but rather when the market is most receptive to providing capital.”
Clue: this person also said this:
"One of the best ways to make money is not to lose money.”
“I remember when Venezuela had 32% unemployment among young workers. Yet it was rated AAA. That’s not a triple-A country.”
I was once in a meeting with Craig McCaw with another billionaire tycoon. The person whose name you must guess in this 25iQuiz stuck his toupee-less head inside the conference room and said: "Whoops, wrong meeting room." The visiting billionaire said: "What are you up to Craig?"
Let's say I predict a 25% chance of recession in 2019 and through 2020.
If I'm right I'm a genius. If I'm wrong, I told you it might not happen. Safe answer.
"You get full points for telling me things before they happen, not afterward.” Michael Milken (also the 25iquiz answer)
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