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Author: CABob Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 35361  
Subject: Re: Vanguard Plain Talk on Money Markets Date: 6/28/2003 8:28 PM
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As I understood the reference in context, the person writing the piece for Vanguard dismissed the quote as apochryphal (i.e., it's a saying that calls attention to the seriousness of risk in the bond market, even though it probably shouldn't be taken literally).

Thanks, Lokicious. You are correct, in that I was reading the paragraph by itself rather than in context anlong with the paragraphs which followed.
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