Practical analysis for investment professionals

bonds


Myth-Busting: Low Rates Don’t Justify High Valuations

Lower interest rates may not, in fact, lead to higher P/E ratios.

Top 10 Posts from 2020: COVID-19, The Silent Depression, Damodaran

What Enterprising Investor articles most resonated with readers in 2020?

ESG and Fixed-Income Indices Surge in 2020

Market indices have seen constant evolution in more than a century of history, but never more so than in the last year.

Book Review: The Income Factory

The Income Factory shows that double-digit returns are achievable from income and its reinvestment alone.

Creating Anti-Fragile Portfolios

Is a portfolio long or short volatility? That question is becoming more and more critical.

Redefining Fixed Income

The golden age of fixed income is over. That means we have to rethink portfolio management and risk control.

No Longer Superheroes? Twilight of the Bonds

With low, nil, or negative yields, how much can bonds still contribute to a portfolio?

Terra Firma: How ETFs Helped Stabilize a Stressed Bond Market

What role have exchange-traded funds (ETFs) played amid the current coronavirus-driven market stresses?

Negative Interest Rates: The Logical Absurdity

Upside-down rates do make sense. They reveal the high cost of staying solvent.

Green Bonds vs. Traditional Bonds

How do we test how environmental, social, and governance (ESG) investing returns compare to those of similar traditional investments? The simplest way is to look at bonds.