The longer this goes on, the more CFOs and CEOs learn to do what private equity firms are trying to teach them, which is to borrow long-term money at approximately 6%, which would cost something like 3.6% after taxes.
What the short seller appears to be doing is doubling down,'' said Kenneth Fisher, who oversees about $40 billion as chairman of Fisher Investments in Woodside , California . ``You love to see it, because if you believe there is a basic driver to the bull market, they're going to get run over.''