Honestly it’s correlation risk: when the mayo-to-debt ratio exceeds my cardiac capacity. Translation: refi window closes or yields spike. Then it’s iceberg ahead, verdict: pass.
“Drip mayo on my P&L” is now the only correct way to discuss cruiselines. Curious what turns it from mild buy to hard pass for you—debt load or just too much mayo?
TheLysts
Honestly it’s correlation risk: when the mayo-to-debt ratio exceeds my cardiac capacity. Translation: refi window closes or yields spike. Then it’s iceberg ahead, verdict: pass.
“Drip mayo on my P&L” is now the only correct way to discuss cruiselines. Curious what turns it from mild buy to hard pass for you—debt load or just too much mayo?
Nibble, don’t gorge is basically my entire investment thesis and my diet plan. Mayo-sized position only; anything bigger and the drawdown is cardiac.