We follow nearly 600 leveraged companies in about 200 industry subgroups globally with around 1.700 High Yield bonds outstanding. Being chronically skeptical about accounting we do not follow companies in the financial services industry as we think their accounting shows even less of the underlying truth than in other industries. In case you venture to look at our credit snapshots do not dare to skip the accounting red flags page. Contact: highyieldblog.at.gmail.dot.com
I am starting to think about my summer reading. My list will include stuff that I think has a good chance of recharging my shattered confidence as an investment manager. This is necessary after what I have experienced during the [ongoing] crisis*. There are two ways to generate (positive or negative) investment returns: luck and skill. The book largely is about telling the difference...
contact me if you like to get a printable file
* thank you Clear Channel for repayment of my bonds due Mai 15th and thank you MGM for resolving your short term liquidity issues
There are two ways to generate (positive or negative) investment returns: luck and skill.Glad to see a profi admit the luck part.
Bezüglich positive returns, either I was rather more skillful or rather luckier last year. For negative returns I am rather skillful and/or lucky this year. Irgendwie symmetrisch ... oder?
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There are two ways to generate (positive or negative) investment returns: luck and skill.Glad to see a profi admit the luck part.
Bezüglich positive returns, either I was rather more skillful or rather luckier last year. For negative returns I am rather skillful and/or lucky this year. Irgendwie symmetrisch ... oder?
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