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.
Strategies & Market Trends : Graham and Doddsville -- Value Investing In The New Era -- Ignore unavailable to you. Want to Upgrade?


To: porcupine --''''> who wrote (491)7/10/1998 12:49:00 AM
From: Bonnie Bear  Respond to of 1722
 
my assumption here, at least looking at the portfolios, is that subordinate securities go into the "high yield" (junk bond) label rather than the CVs. Bonds are pretty wonderful things. The world bond market is much bigger than the stock market, it's possible to get stocklike returns from a well-managed bond fund with much less risk.
The call protection..hmm, this may be a problem worth investigating.