Book Summaries
Chapter 6: Portfolio Policy for the Enterprising Investor: Negative Approach (The Intelligent Investor)
Unless lower rated bonds and preferred stock have a huge upside, enterprising investors should avoid them. Lowe rated securities usually collapse in adverse markets. It is good to avoid foreign bonds.
Unless lower rated bonds and preferred stock have a huge upside, enterprising investors should avoid them. Lowe rated securities usually collapse in adverse markets.
It is good to avoid foreign bonds. But ETF’s have mitigated for this problem, so do mutual funds that specialize in foreign bonds and lower-rated securities.
YARPP List
Related posts:
- Chapter 4: General Portfolio Policy: The Defensive Investor (The Intelligent Investor)
- Chapter 5: The Defensive Investor and Common Stocks (The Intelligent Investor)
- Chapter 2: The Investor and Inflation (The Intelligent Investor)
- Chapter 1: Investment Versus Speculation (The Intelligent Investor)
Keep Reading
Related Articles
Book Summaries
How to Read John Marco Allegro
John Marco Allegro was an English archaeologist and Dead Sea Scrolls scholar. He is noted for his controversial interpretation of the texts, particularly for his theory that Christianity began as a psychedelic mushroom cult. **1.
Book Summaries
A Summary of Genome by Matt Ridley (8/10)
In his book Genome, author Matt Ridley examines the science and genetics of life. He takes readers through the evolutionary journey of our species, delving into the history, technology, and implications of genetic engineering.
Book Summaries
Separate from body (Man’s Search for Himself)
> The impersonal, separated attitude toward the body is shown also in the way most people, once they become physically ill, react to the sickness. They speak in the passive voice—“I got sick,” picturing their body as an object just as they would say “I got hit by a car.
Book Summaries
How to Read Albert Camus
**Albert Camus** (1913 – 1960): A towering figure in the pantheon of philosophical literature, Camus is perhaps best known for his unique perspective on the philosophy of the absurd.