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And then in a fit of madness, I guess, at the end of 2006, the credit markets were pretty uninteresting. That’s on the private side and then on the public side, really getting market updates from our various portfoliomanagers and CIOs across the public side business in terms of what’s been happening in those businesses.
So any compliance people listening, I’m just spitballing here. The second thing that it ultimately does is it creates conditions under which there’s a transition from cash rich portfolios that are ultimately option like in their characteristics. I’m gonna hold it in my portfolio. That’s Barry saying it.
This was the era, 2005, 2006, all of my friends were looking to get banking roles. You know, you run an RIA, the SEC just comes knocking every once in a while to say, Hey, just wanna make sure the compliance program’s all set up. Barry Ritholtz : That’s hilarious. And I just sort of grew and evolved from there.
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