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Something like that. But i was being a bit cheeky and you understood what I meant I’m sure
I actually didn’t and I would love to know what you really meant, because st the moment I’m confused about why someone like you is saying something that seems obviously wrong ;)
I have a feeling he's sorry he tweeted it by now! :-)https://twitter.com/goldstein_aa/status/1397663323450118145 …
I interpreted Mark as saying what you guys are saying... but in a casual provocative way. 
Ok. We are willing to exchange one asset for another only when they are of equivalent value (otherwise we wouldn’t do it). That means that we expect the same [risk adjusted] return - ie on average we expect the same return from either asset. Cont.
We obviously have ‘views’ or ‘expectations’ when we do the trade. But those are unique to us. The other side has different views. And both meet when both assets exchanged have the same expected return. And that is the rfr because you can always express the trade in cash value
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