SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: JakeStraw who wrote (95078)3/15/2002 1:43:18 PM
From: Knighty Tin  Read Replies (1) | Respond to of 132070
 
Jake, That's why I've met so few of my clients face to face. <g> Serious story: This week I met a portfolio manager, though not a bond portfolio manager, who was confused over the difference on a junk bond fund between the yield and the total return. "You say it's yielding 12%, but it says here that it only made 1.6% last year." I was sure it was semantics, but then I realized that he didn't know that bond prices vary. Pretty scary.