Convertible Securities: The Latest Instruments, Portfolio Strategies, and Valuation Analysis, Revised Edition (Irwin Library of Investment & Finance) - Hardcover

Calamos, John P.

 
9781557389213: Convertible Securities: The Latest Instruments, Portfolio Strategies, and Valuation Analysis, Revised Edition (Irwin Library of Investment & Finance)
Hardcover
ISBN 10: 1557389217 ISBN 13: 9781557389213
Verlag: MCGRAW HILL BOOK CO, 1998

Inhaltsangabe

Convertible securities, combining aspects of both stocks and bonds, truly create a "best of both worlds" investment. This instructive book uses everyday terms and illustrations to explain types of convertibles, reveal high-return investment strategies, and decode pricing, hedging, and risk/return considerations.

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Über die Autorin bzw. den Autor

John P. Calamos is the founder, president, and chief investment officer of Calamos Asset Management, Inc., an investment firm specializing in managing convertible portfolios which has over $2.2 billion in assets under management. A frequent speaker at investment seminars and conferences, Mr. Calamos has taught graduate level courses on finance and investments. He is the acclaimed author of Investing in Convertible Securities, writes a column on investment risk management in Personal Financial Planning, and has written articles for Pension World, Pensions & Investments, Journal of Financial Investing, and Financial Executive. Mr. Calamos has appeared on CNBC, and is frequently quoted as a convertible securities authority in Barron’s, Fortune, Forbes, The Wall Street Journal, Pensions & Investments, Financial World, Nation’s Business, and on Bloomberg Forum.

Von der hinteren Coverseite

Strategies for earning equity-like returns--with substantially lowerrisk! Convertible securities--generally, corporate bonds which can beconverted into a fixed number of common stock shares--have been aroundfor over a century. While they have generated decent returns forsavvy, risk-averse investors, and are an ideal security in today'svolatile markets, convertibles have received remarkably littlecoverage in the popular press. Convertible Securities opens thewindow, providing in-depth research and analysis to help both new andexperienced investors benefit from the many advantages ofconvertibles. Eye-opening from front to back, it traces: the basics ofconvertible evaluation, including its investment value as a straightbond, its convertible value as a stock, and its theoretical fairvalue; proven methods for uncovering convertibles trading below fairvalue by identifying key variables such as conversion premium andyield advantage; how to use popular convertible bond indexes to trackperformance, benefiting from their advantages, while remaining awareof their shortcomings. The basic concepts of a convertible securityare fairly straightforward, yet nuances make it one of the mostinvolved and potentially profitable investments available. LetConvertible Securities act as your guidebook to this excitinginvestment class, providing you proven strategies to participate inthe capital appreciation of common stocks, while providing aconsistent buffer against risk.

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Verlag
MCGRAW HILL BOOK CO
Erscheinungsdatum
1998
Sprache
Englisch
ISBN 10 
1557389217
ISBN 13 
9781557389213
Einband
Gebundene Ausgabe
Anzahl der Seiten
417
Kontakt zum Hersteller
Nicht verfügbar
Verantwortliche Person
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