The Risk Of Default On Bonds
A bond is a financial contract, a debt instrument issued to investors by governments, financial institutions, industrial and commercial enterprises, etc. to raise funds by borrowing directly from society, while promising to pay interest at a certain rate and repay the principal on agreed terms.
Upper And Lower Limits On Call Option Prices
Unlike assets such as stocks, futures and foreign exchange, there are clear upper and lower bounds on the value of options.
What Is a Fund Subscription
A fund subscription is the process by which an investor purchases units in an open-ended fund during the fund's offering period, before the fund has been established.
The Main Types of World Gold Prices
There are currently three main types of gold price in the world: the market price, the production price and the quasi-official price. All other types of gold prices are derived from them.
Soros Investment Tip #10: Discovering Overreacting Markets
The important practical value of Soros' investment theory lies in its use of the theory of contrarianism to identify overreactive markets, following the process of market formation, from self-propelled strengthening to decay,
Hedging Delta Risk
Why hedge Delta risk? Delta risk can therefore be understood as a "directional" risk.
How Closed-End Funds Are Invested
The most important feature of a closed-end fund is that the fund size is fixed for the contractual savings period.
Soros Investment Tip No. 6: Revealing Bias
Soros argues that the volatility of markets stems from the feeling that people have a biased and flawed perception of markets.