Bond investors worry about how far and fast interest rates might rise and what impact this could have on the price and yield of the bonds that they hold. In this short video Tim introduces duration, a term that can help to reveal the answer.
Tim Bennett Explains: Duration – The Word Every Bond Investor Should Understand
Here’s what Charlie Munger had to say at the Daily Journal meeting
Charlie Munger spoke at the Daily Journal Corporation's Annual Meeting of Shareholders today. Although Warren Buffett is the more well-known Berkshire Hathaway chief, Munger has been at his side through much of his investing career. Q4 2020 hedge fund letters, conferences and more Charlie Munger's speech at the Daily Journal meeting was live-streamed on Yahoo Read More