Convertible Bonds: The Everything Asset Class | Paul Latronica
Forward Guidance
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How to Divide the Market Into Different Types of Investors
When you're thinking about how the market moves and how the securities work, when you have those big pullbacks in the market, more discount bonds. So depending on where that bond is in the curve, it will attract different types of investors who are just looking for different objectives. The key to converse, as i said, imention aready. But it's equity like returns over time, but with a much different risk profile than straight equities and owning straight equities.
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