This didn’t age well
“I was thrown into this business right before Bear Stearns went under and watched it all unfold, so that’s always in the back of my head,” he says. “That’s an every 50- to 100-year event, but we are being very mindful of our leverage and our debt.” -SE
https://www.inc.com/doug-cantor/30-under-30-2018-s2-capital.html