A credit default swap was confusing mainly because it wasn't really a swap at all. It was an insurance policy, typically on… — Michael Lewis Copy Share Image
The price earning multiple must be less than ten or the inverse of the long term corporate bond rate, whichever is the… — Peter Cundill Copy Share Image
There is no doubt that the Fed's large-scale asset purchases have caused major increases in a number of asset prices in the… — Gerald Epstein Copy Share Image
Thus a long term corporate bond could actually be sold to three separate persons. One would supply the money for the bond;… — Fischer Black Copy Share Image
In choosing a portfolio, investors should seek broad diversification, Further, they should understand that equities--and corporate bonds also--involve risk; that markets inevitably… — Harry Markowitz Copy Share Image
