Comments on: The Return of My Money, Not the Return on My Money http://alephblog.com/2009/12/05/the-return-of-my-money-not-the-return-on-my-money/ Helping Institutions and Ordinary People Invest Better by Focusing on Risk Control Fri, 25 May 2012 21:31:47 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Jeffhttp://alephblog.com/2009/12/05/the-return-of-my-money-not-the-return-on-my-money/comment-page-1/#comment-23866 Jeff Tue, 15 Dec 2009 04:05:06 +0000 http://alephblog.com/?p=2187#comment-23866 David -- You ask a good question. As I have often found, it is difficult to answer in the comments. Instead, I have used it as the basis for a broader article. http://oldprof.typepad.com/a_dash_of_insight/2009/12/the-value-of-financial-blogs-answering-david-merkels-good-question.htm Sorry to be late to the party! Jeff David — You ask a good question. As I have often found, it is difficult to answer in the comments.

Instead, I have used it as the basis for a broader article.

http://oldprof.typepad.com/a_dash_of_insight/2009/12/the-value-of-financial-blogs-answering-david-merkels-good-question.htm

Sorry to be late to the party!

Jeff

]]> By: k1http://alephblog.com/2009/12/05/the-return-of-my-money-not-the-return-on-my-money/comment-page-1/#comment-23859 k1 Fri, 11 Dec 2009 21:48:57 +0000 http://alephblog.com/?p=2187#comment-23859 Sorry to be a bit late to this post, but I really like this thread (bond investing with particular regard to sovereign risk). One thing I'm trying to figure out is the set of tools an individual investor needs to invest in bonds globally. In comparison to the US equities market, for which there are countless platforms, data feeds, blogs, etc., I am having trouble finding good sources of analysis, pricing, and access to product for international bonds, so here is my vote for a primer on selecting, pricing, and purchasing international bonds. Sorry to be a bit late to this post, but I really like this thread (bond investing with particular regard to sovereign risk). One thing I’m trying to figure out is the set of tools an individual investor needs to invest in bonds globally. In comparison to the US equities market, for which there are countless platforms, data feeds, blogs, etc., I am having trouble finding good sources of analysis, pricing, and access to product for international bonds, so here is my vote for a primer on selecting, pricing, and purchasing international bonds.

]]> By: Josh Sternhttp://alephblog.com/2009/12/05/the-return-of-my-money-not-the-return-on-my-money/comment-page-1/#comment-23856 Josh Stern Fri, 11 Dec 2009 06:20:10 +0000 http://alephblog.com/?p=2187#comment-23856 I liked the article from the "Best Articles" section on statistical analysis of momentum. One book I came to know about from your reviews was _Investing by the Numbers_. A couple of suggested topics that I think you could do a job with: 1) Quantitative view of how to evaluate closed end funds trading at a discount to NAV with a given NAV and discount history, fee/cost structure, and dividend history; 2) How to evaluate the fundamentals of the return of capital distributions from MLPs - e.g. what fraction of them is true dividend and what fraction is true return of capital and how should one arrive at a reasonable profile of the future to put a DCF value on it? I liked the article from the “Best Articles” section on statistical analysis of momentum.

One book I came to know about from your reviews was _Investing by the Numbers_.

A couple of suggested topics that I think you could do a job with: 1) Quantitative view of how to evaluate closed end funds trading at a discount to NAV with a given NAV and discount history, fee/cost structure, and dividend history; 2) How to evaluate the fundamentals of the return of capital distributions from MLPs – e.g. what fraction of them is true dividend and what fraction is true return of capital and how should one arrive at a reasonable profile of the future to put a DCF value on it?

]]> By: Salonerhttp://alephblog.com/2009/12/05/the-return-of-my-money-not-the-return-on-my-money/comment-page-1/#comment-23848 Saloner Tue, 08 Dec 2009 10:30:57 +0000 http://alephblog.com/?p=2187#comment-23848 David, Your blog, over time, has been the source of very valuable ideas, and understanding, to me. That said, it is not trivial to readily come up with a list of the posts that I found particularly useful simply because I wasn't particularly tagging them that way. Yes, with a bit of time, I could, and would happily, look through the back-listings and offer up my selection. In the meantime, though, it might perhaps be useful to institute a system that enables us readers to rate forthcoming posts, on a scale of 5 say, right as we finish reading it. Some formula might be applied to those scores to then rank your posts, I'd imagine. David,
Your blog, over time, has been the source of very valuable ideas, and understanding, to me.
That said, it is not trivial to readily come up with a list of the posts that I found particularly useful simply because I wasn’t particularly tagging them that way.
Yes, with a bit of time, I could, and would happily, look through the back-listings and offer up my selection. In the meantime, though, it might perhaps be useful to institute a system that enables us readers to rate forthcoming posts, on a scale of 5 say, right as we finish reading it. Some formula might be applied to those scores to then rank your posts, I’d imagine.

]]> By: Steven Miloshttp://alephblog.com/2009/12/05/the-return-of-my-money-not-the-return-on-my-money/comment-page-1/#comment-23841 Steven Milos Mon, 07 Dec 2009 16:18:57 +0000 http://alephblog.com/?p=2187#comment-23841 Hi David, A bit of a seasonal sidelight on your post: I was rereading Dickens' "A Christmas Carol" this weekend, and loved this quote: This was a great relief, because "Three days after sight of this First of Exchange pay to Mr. Ebenezer Scrooge on his order," and so forth, would have become a mere United States security if there were no days to count by. Ahh, for the 1840's, when to reach for yield you bought Treasuries, and London factors were the solid credits! :) Steve Hi David,

A bit of a seasonal sidelight on your post: I was rereading Dickens’ “A Christmas Carol” this weekend, and loved this quote:

This was a great relief, because “Three days after sight of this First of Exchange pay to Mr. Ebenezer Scrooge on his order,” and so forth, would have become a mere United States security if there were no days to count by.

Ahh, for the 1840′s, when to reach for yield you bought Treasuries, and London factors were the solid credits! :)

Steve

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