03-06-2020, 09:14 AM
vbin
Jeffrey Gundlach, is another one you might add to you video list. Maybe not now, as he is sobering as well. He is a bond wizard, and became a billionaire that way. Bonds drive the stock market, and he is very informative. He is another one of the few that called the financial crisis in advance and made a fortune. He'll be early with his next call no doubt, but he is still very educational to listen to. When a true crash comes, his thesis is high quality corporate bonds will once again over-react and get way too cheap. You can get bull-market growth stock returns when a solid company like MMM or BA (just an example) takes a big hit because things got rough and they are suddenly not very profitable for a few quarters. Their bonds get roughed up and sell at a huge discount when their is panic. Just another way to diversify. It appeals to me because you aren't dealing with decaying option premiums when you get the entry timing wrong. Just requires some patience for companies you know are not going to default in the end.
Jeffrey Gundlach, is another one you might add to you video list. Maybe not now, as he is sobering as well. He is a bond wizard, and became a billionaire that way. Bonds drive the stock market, and he is very informative. He is another one of the few that called the financial crisis in advance and made a fortune. He'll be early with his next call no doubt, but he is still very educational to listen to. When a true crash comes, his thesis is high quality corporate bonds will once again over-react and get way too cheap. You can get bull-market growth stock returns when a solid company like MMM or BA (just an example) takes a big hit because things got rough and they are suddenly not very profitable for a few quarters. Their bonds get roughed up and sell at a huge discount when their is panic. Just another way to diversify. It appeals to me because you aren't dealing with decaying option premiums when you get the entry timing wrong. Just requires some patience for companies you know are not going to default in the end.