Pimco: A Brief History of the World's Biggest Bond Fund

Pimco: A Brief History of the World's Biggest Bond Fund PDF Author: Joan Oleck
Publisher:
ISBN: 9781937504885
Category : Business & Economics
Languages : en
Pages : 108

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Book Description
What puts PIMCO's founder on a par with Warren Buffet? PIMCO is by far the largest bond fund in the world. It is among the world's most critical financial institutions and it was founded by an investment genius. How did Bill Gross create the PIMCO juggernaut and sustain high returns for decades? Insights into Bill Gross' genius and the growth of the bond market are outlined in this brief history . . . as is what went wrong!

Pimco: A Brief History of the World's Biggest Bond Fund

Pimco: A Brief History of the World's Biggest Bond Fund PDF Author: Joan Oleck
Publisher:
ISBN: 9781937504885
Category : Business & Economics
Languages : en
Pages : 108

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Book Description
What puts PIMCO's founder on a par with Warren Buffet? PIMCO is by far the largest bond fund in the world. It is among the world's most critical financial institutions and it was founded by an investment genius. How did Bill Gross create the PIMCO juggernaut and sustain high returns for decades? Insights into Bill Gross' genius and the growth of the bond market are outlined in this brief history . . . as is what went wrong!

Bill Gross on Investing

Bill Gross on Investing PDF Author: William H. Gross
Publisher: Wiley
ISBN: 9780471283256
Category : Business & Economics
Languages : en
Pages : 212

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Book Description
Eine gelungene Mischung aus interessanter Information, Humor und Anekdoten: Dieses Buch vermittelt nicht nur Wissenswertes, sondern es bereitet auch Lesevergnügen! Gross, einer der Top-Finanzmanager, der sich mit der Verfolgung wirtschaftlicher Trends einen Namen gemacht hat, beschreibt hier, wie sich der Geldmarkt der Zukunft wandeln wird: Uns stehen niedrige Zinsen und ein langsames, aber stetiges Wirtschaftswachstum bevor. Dies erfordert ein völlig neues Herangehen an Investitionen mit Schwerpunkt auf dem Rentenmarkt, dem richtigen Aktienpaket und globalisiertem Investment-Portfolio. (06/98)

Mindwise

Mindwise PDF Author: Nicholas Epley
Publisher: Vintage
ISBN: 030774356X
Category : Psychology
Languages : en
Pages : 274

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Book Description
Winner of the 2015 Book Prize for the Promotion of Social and Personality Science (Society for Personality and Social Psychology) Why are we sometimes blind to the minds of others, treating them like objects or animals instead? Why do we talk to our cars, or the stars, as if there is a mind that can hear us? Why do we so routinely believe that others think, feel, and want what we do when, in fact, they do not? And why do we think we understand our spouses, family, and friends so much better than we actually do? In this illuminating book, leading social psychologist Nicholas Epley introduces us to what scientists have learned about our ability to understand the most complicated puzzle on the planet—other people—and the surprising mistakes we so routinely make. Mindwise will not turn others into open books, but it will give you the wisdom to revolutionize how you think about them—and yourself.

The Bond King

The Bond King PDF Author: Mary Childs
Publisher: Flatiron Books
ISBN: 1250120853
Category : Biography & Autobiography
Languages : en
Pages : 350

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Book Description
From the host of NPR’s Planet Money, the deeply-investigated story of how one visionary, dogged investor changed American finance forever. Before Bill Gross was known among investors as the Bond King, he was a gambler. In 1966, a fresh college grad, he went to Vegas armed with his net worth ($200) and a knack for counting cards. $10,000 and countless casino bans later, he was hooked: so he enrolled in business school. The Bond King is the story of how that whiz kid made American finance his casino. Over the course of decades, Bill Gross turned the sleepy bond market into a destabilized game of high risk, high reward; founded Pimco, one of today’s most powerful, secretive, and cutthroat investment firms; helped to reshape our financial system in the aftermath of the Great Recession—to his own advantage; and gained legions of admirers, and enemies, along the way. Like every American antihero, his ambition would also be his undoing. To understand the winners and losers of today’s money game, journalist Mary Childs argues, is to understand the bond market—and to understand the bond market is to understand the Bond King.

The Only Guide to Alternative Investments You'll Ever Need

The Only Guide to Alternative Investments You'll Ever Need PDF Author: Larry E. Swedroe
Publisher: John Wiley and Sons
ISBN: 0470885335
Category : Business & Economics
Languages : en
Pages : 238

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Book Description
The rewards of carefully chosen alternative investments can be great. But many investors don’t know enough about unfamiliar investments to make wise choices. For that reason, financial advisers Larry Swedroe and Jared Kizer designed this book to bring investors up to speed on the twenty most popular alternative investments: Real estate, Inflation-protected securities, Commodities, International equities, Fixed annuities, Stable-value funds, High-yield (junk) bonds, Private equity (venture capital), Covered calls, Socially responsible mutual funds, Precious metals equities, Preferred stocks, Convertible bonds, Emerging market bonds, Hedge funds, Leveraged buyouts, Variable annuities, Equity-indexed annuities, Structured investment products, Leveraged funds The authors describe how the investments work, the pros and cons of each, which to consider, which to avoid, and how to get started. Swedroe and Kizer evaluate each investment in terms of: Expected returns Volatility Distribution of returns Diversification potential Fees Trading and operating expenses Liquidity Tax efficiency Account location Role in an asset-allocation program Any investor who is considering or just curious about investment opportunities outside the traditional world of stocks, bonds, and bank certificates of deposit would be well-advised to read this book.

The Ascent of Money

The Ascent of Money PDF Author: Niall Ferguson
Publisher: Penguin
ISBN: 1440654026
Category : History
Languages : en
Pages : 498

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Book Description
The 10th anniversary edition, with new chapters on the crash, Chimerica, and cryptocurrency "[An] excellent, just in time guide to the history of finance and financial crisis." —The Washington Post "Fascinating." —Fareed Zakaria, Newsweek In this updated edition, Niall Ferguson brings his classic financial history of the world up to the present day, tackling the populist backlash that followed the 2008 crisis, the descent of "Chimerica" into a trade war, and the advent of cryptocurrencies, such as Bitcoin, with his signature clarity and expert lens. The Ascent of Money reveals finance as the backbone of history, casting a new light on familiar events: the Renaissance enabled by Italian foreign exchange dealers, the French Revolution traced back to a stock market bubble, the 2008 crisis traced from America's bankruptcy capital, Memphis, to China's boomtown, Chongqing. We may resent the plutocrats of Wall Street but, as Ferguson argues, the evolution of finance has rivaled the importance of any technological innovation in the rise of civilization. Indeed, to study the ascent and descent of money is to study the rise and fall of Western power itself.

The Financial Domino Effect: How to Profit Now in the Volatile Global Economy

The Financial Domino Effect: How to Profit Now in the Volatile Global Economy PDF Author: Ben Emons
Publisher: McGraw Hill Professional
ISBN: 0071799591
Category : Business & Economics
Languages : en
Pages : 255

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Book Description
Predict and profit from the chain reactions of market turmoil “If you care about the inner dynamics and investors’ reactions to the emerging new financial world that will increasingly consist of ‘path-dependent, multimodal, fat-tailed outcomes,’ Ben Emons’s new book is a must-read. In a coherent and clear framework, Ben shows how falling dominoes in a world of fast markets and uniquely new possibili¬ties creates a market landscape we might never have prepared for.” —Vineer Bhansali, Managing Director, Portfolio Manager, PIMCO “At some point after getting your financial life in order, you may well have money to invest. Where should you put it, especially when worldwide markets are in flux? Ben Emons, a senior vice president at Pimco, the investment company that runs the world’s largest bond fund, addresses that question in The Financial Domino Effect.” —The New York Times “A great book; it’s a very smart book. This is not general reading but it’s something accessible to anyone." —Tom Keene, Bloommberg Radio When a major political or financial event happens, the impact disseminates like a contagion across markets and sovereign boundaries. Like a row of toppling dominoes, the effect of the crisis accelerates along various paths. The Financial Domino Effect enables you to benefit from these moving catastrophes and helps you navigate current changes taking place in governmental and financial systems. At the heart of this progressive book is a powerful framework for analyzing and interpreting the variety of connected influences in the three main domino effects categories—social-political, economic, and financial. By examining the aftermath of such recent milestone events as the collapse of Lehman Brothers, the Occupy Wall Street movement, and the Middle East protests, it shows you how to apply domino theory to become a more knowledgeable and astute portfolio manager. Written with the everyday inves¬tor in mind, this hands-on resource takes you to the next level by delving into such consequential topics as: How easily complex domino effects can become and what it means to your portfolio Six symptoms in the aftermath of a financial or sovereign crisis Post–financial crisis responses, such as quantitative easing (QE), credit easing, and competitive quantitative easing (CQE) How the dissemination and speed of domino effects relate to monetary transmission The second part of the book goes into great depth examining the euro zone debt crisis through the framework. This crisis is particularly unique because it is a domino effect of three kinds—social, economic, and financial—and it has not fully played out. This timely guide takes you step by step through the crisis to a final analysis. In the end, you will be prepared to plan for the myriad of far-reaching consequences and balance your portfolio. Financial crises will happen with high frequency. The Financial Domino Effect helps you stay on top when it all goes down.

Bond Portfolio Investing and Risk Management

Bond Portfolio Investing and Risk Management PDF Author: Vineer Bhansali
Publisher: McGraw Hill Professional
ISBN: 0071713255
Category : Business & Economics
Languages : en
Pages : 321

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Book Description
Learn the fine art of risk measurement and control—from a senior member of PIMCO! Bond Portfolio Investing and Risk Management is designed for one purpose—to help you do the most important part of your job. A top player in the upper echelon of PIMCO, Vineer Bhansali understands the nuances and complexities of managing risk in fixed-income investing better than anyone. In this highly practical guide, he puts his years of experience and the latest research to work in order to help you contend with such issues as: Liquidity and stress risks Asset allocation Market anomalies Cross-market relationships Tail-risk measurement Cyclical returns Macroeconomic data Bond Portfolio Investing and Risk Management details the tools used to offset risk, including their advantages and drawbacks, and explains when to use each one. Bhansali provides practical investment techniques to give you a firm handle on the value and risk of a fixed-income instrument.

Semi-annual Report for ...

Semi-annual Report for ... PDF Author: Atomic Bomb Casualty Commission
Publisher:
ISBN:
Category : Atomic bomb
Languages : en
Pages : 76

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Book Description


Quantitative Management of Bond Portfolios

Quantitative Management of Bond Portfolios PDF Author: Lev Dynkin
Publisher: Princeton University Press
ISBN: 0691210616
Category : Business & Economics
Languages : en
Pages : 1000

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Book Description
The practice of institutional bond portfolio management has changed markedly since the late 1980s in response to new financial instruments, investment methodologies, and improved analytics. Investors are looking for a more disciplined, quantitative approach to asset management. Here, five top authorities from a leading Wall Street firm provide practical solutions and feasible methodologies based on investor inquiries. While taking a quantitative approach, they avoid complex mathematical derivations, making the book accessible to a wide audience, including portfolio managers, plan sponsors, research analysts, risk managers, academics, students, and anyone interested in bond portfolio management. The book covers a range of subjects of concern to fixed-income portfolio managers--investment style, benchmark replication and customization, managing credit and mortgage portfolios, managing central bank reserves, risk optimization, and performance attribution. The first part contains empirical studies of security selection versus asset allocation, index replication with derivatives and bonds, optimal portfolio diversification, and long-horizon performance of assets. The second part covers portfolio management tools for risk budgeting, bottom-up risk modeling, performance attribution, innovative measures of risk sensitivities, and hedging risk exposures. A first-of-its-kind publication from a team of practitioners at the front lines of financial thinking, this book presents a winning combination of mathematical models, intuitive examples, and clear language.