Tagged Questions
9
votes
3answers
244 views
What is a “Junk Bond”?
I was reading Barbarians at the Gate and I read that junk bonds were required to do large leveraged buyouts. What is a junk bond and how does it differ from a regular bond? Why is there higher ...
6
votes
3answers
345 views
What is “beta” for an investment or a portfolio, and how do I use it?
Recently my financial adviser has been talking about my portfolio's "beta". I have also seen beta listed for some investments (for example: http://www.google.com/finance?q=goog). What is "beta" and ...
