Anyone heard of this finance lingo before?
Was listening to a sponsor talk about his fund and he said something like "we don't wanna put hot water into cold water, we want hot water in hot water". When he first said that, we were all like "wtf did he say?" and looked quizzically at each other, then he proceeded to use it again in another sentence where he went "so we're doing the hot water in the hot water".
It was amusing, never heard of anyone say anything like that. Is this a new finance lingo?
Anyone know what it means... or did the guy straight up make this phrase up on the spot?