Tag Archive for: bond rating

5 Reasons Why You Should Care About A Bond Credit Downgrade

Is it really necessary to have a TV at a gas pump? I’m seeing these more often, and I think that I’m against the concept. Like many Americans, I like to stare off into space while I’m pumping gas- a bit of a mental break. Well, at least gas prices are at historic lows, which […]

What A Urinal Ad Can Teach Us About Unconstrained Bond Funds

  It has to be the best urinal ad- ever. Right above the urinal a movie theater bathroom, in red letters “Flat rate divorce services”. The ad had a nice picture of an office and the attorney’s phone and email address. Talk about a captive audience- really sort of brilliant. You’re a guy, you’re absolutely […]

What “It’s A Wonderful Life” Can Teach Us About A Bond Fund Closing

I’m writing this during the holiday season, so I thought I’d use Frank Capra’s brilliant film, It’s A Wonderful Life, to explain a concept. If you’re not familiar with the film, IMDB (a great site for movie fans) provides a plot summary. George Bailey manages the Building and Loan started by his father. On Christmas […]

The Meaning of “Priority” and the City of Chicago’s Debt Refinancing Mess

I was interested to learn from this Tim Ferriss podcast that, for hundreds of years, the word “priorities” was never used. Because you can only have one true priority. It wasn’t until the industrial revolution that the word “priorities” started to be widely used. With so many tasks to do so quickly, people decided that […]