When did Vlad jump the shark?

[Markekohut]

LIKE.

Sent from my iPad

On Jun 14, 2013, at 9:45 AM, "Monte Davis" <montedavis at verizon.net> wrote:

> Jesus H. Christ in a field of fixed-income lilies with credit-default butterflies (Morpho Russo-Americanus)….  
>  
> Thank you, Charles, for providing a new exemplar of “from the sublime to the ridiculous.”
>  
> From: owner-pynchon-l at waste.org [mailto:owner-pynchon-l at waste.org] On Behalf Of Charles Albert
> Sent: Friday, June 14, 2013 9:16 AM
> To: Pynchon Liste
> Subject: When did Vlad jump the shark?
>  
> From
> 
> FIXED INCOME INVESTING - The Danger of Complacency
> 
> Quantifying the Risk of a Low Interest Rate Environment
> 
> William F. Woodruff, CIO, Bαndon Capital Management
> 
> 
> Nabokov once said that, "Complacency is a state of mind that exists only in retrospective: it has to be shattered before being ascertained."
> We believe that investors, as a group, are failing to recognize a number of critical warning signs, outlined in the next section.
> 
> 
> 
> love,
> cfa
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