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Good Debt Cheap: Value Investing in Bonds, Preferreds, and Other Fixed Income Securities - Couverture rigide

Marshall, Kenneth Jeffrey

 
9781737673446: Good Debt Cheap: Value Investing in Bonds, Preferreds, and Other Fixed Income Securities
Couverture rigide
ISBN 10 : 1737673444 ISBN 13 : 9781737673446
Editeur : Judicial Corporation, 2024

Synopsis

Most fixed income securities return barely better than a bank savings account. Those that promise more often carry big risks.

But value investors are able to find bonds and preferreds that outperform without increasing risk. They use common sense and simple analyses to identify fixed income securities that beat even exceptional stocks. Their advanced perspective reveals remarkable opportunities that others miss.

This book moves you towards becoming such an expert. You’ll learn to:

  • SELECT great securities wrongly tossed into the junk bond dumpster.
  • DODGE the conventional metrics that mislead others.
  • FORESEE the exercise of embedded options.
  • FOCUS on the yield measures that matter and skip those that don’t.
  • ANALYZE contexts to view a preferred more as debt or more as equity.
  • INTERPRET economic indicators to predict conversions and redemptions.

This book shares with you a model for gauging fixed income securities from a value investing perspective. It brings key concepts to life with case studies that span industries from franchising to software to manufacturing, and geographies from the U.S. to Germany to Japan. And it does all this with straightforward language and clear math that anyone can understand.

In developing your skills you’ll master the nuances of debentures, notes, convertibles, floaters, zeros, bills, munis, paper, corporates, and sovereigns. You’ll understand duration, solvency, covenants, seniority, liquidity, and credit ratings. You’ll breeze through basics like bond ladders, yield curves, and tap issues. Most importantly, you’ll develop the justified confidence necessary to navigate the biggest, oldest securities market in the world. Make your experience in fixed income one of insight and success with Good Debt Cheap.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

À propos de l'auteur

KENNETH JEFFREY MARSHALL teaches finance at Stanford University and the Stockholm School of Economics. He is the author of Good Stocks Cheap: Value Investing with Confidence for a Lifetime of Stock Market Outperformance, which was also published in Chinese; and Small Steps to Rich: Personal Finance Made Simple. He holds a BA in Economics, International Area Studies from the University of California, Los Angeles; and an MBA from Harvard University.

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
Judicial Corporation
Date d'édition
2024
Langue
anglais
ISBN 10 
1737673444
ISBN 13 
9781737673446
Reliure
Relié
Nombre de pages
361
Coordonnées du fabricant
Manufactured by Amazon on behalf of the author
https://www.amazon.fr/hz/contact-us

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