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setting the menu at a big restaurant.
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I ordered my fish on Friday,
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which is the mortgage bond that Michael Burry shorted.
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But some of the fresh fish doesn't sell.
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I don't know why. Maybe it just
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came out halibut has the intelligence of a dolphin.
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So, what am I going to do?
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Throw all this unsold fish, which is the BBB level of the bond,
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in the garbage and take the loss?
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No way.
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Being the crafty and morally onerous chef that I am,
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whatever crappy levels of the bond I don't sell,