Not so long ago, companies that borrowed lots of money were considered risky, appropriate only for daredevil stock pickers. Those with lots of cash on hand and few outstanding debts might be dull stocks, but they were at least safe bets for bondholders.
I look at myself as an audience member. I still love movies, and I still go and sit in the back of the big dark room with everybody else, and I want the same thrill.
War is the remedy that our enemies have chosen, and I say let us give them all they want.
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