16min chapter

Animal Spirits Podcast cover image

Talk Your Book: Customizing Your Assets

Animal Spirits Podcast

CHAPTER

Shifting Utilization from Income Notes to Growth Notes

This chapter discusses the shift in utilization from income notes to growth notes in portfolio allocation, highlighting their benefits in terms of participation in the upside with downside protection. It explores the differences between growth and income notes and questions the effectiveness of downside protection only at maturity. The chapter also mentions the possibility of implementing a ladder bond strategy and introduces the concept of absolute notes as a reasonable hedge for investors concerned about market conditions.

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