Consider this:
"Whereas companies routinely reward their shareholders with higher dividends, no company in the history of finance, going back as far as the Medicis, has rewarded its bondholders by raising the interest rate on a bond. Bondholders aren't invited to annual meetings to see the slide shows, eat hors d'oeuvres, and get their questions answered, and they don't get bonuses when the issuers of the bonds have a good year. The most a bondholder can expect to get is his or her principal back, after its value has been shrunk by inflation." - Peter Lynch.
Get the book here:
Beating the Street
Pre-owned copies at US$7.48 each.
Free shipping worldwide.
(New at US$19.66 each.)
Related post:
Good deal on "Buffettology" (hardcover).
Hi AK,
ReplyDeleteOne of Fav Book is also on sale at better world book.
"The Little Book That Beats the Market (Little Book Big Profits)" for $6.48
http://www.betterworldbooks.com/the-little-book-that-beats-the-market-id-9780471733065.aspx
Hi Solace,
ReplyDeleteHey, thanks for the recommendation. I will put up a blog post about this since not everyone will read the comments in my blog, I realise.