Customer Review: The book is excellent with good balance of math and conceptual common sense. The book shows me the framework for instrument pricing via replication. With it, I can theoretically price any derivatives in the world which is quite powerful idea. A great book for people who want to learn pricing wide... more info
Customer Review: The author did an immense amount of work and packed it into a piece that reads fairly well for such a topical historical account. This is one of the more important stories to understand in light of today's issues. The rise of the Junk Bond raiders isn't just the rise of the Junk Bond era, it is the... more info
Customer Review: The most comprehensive book on the subject period. If you are in the industry you must have it. Best used as a reference manual to go through whenever needed. Kinda bland book which you would not want to read to finish from page 1 to the end.
Customer Review: As a recent investor I was interested in learning about bonds. As a beginner reading this book allowed me to understand about the variety of bonds available, why to invest in a particular bond and how to best purchase them.
Customer Review: I have only read chapter 19, on muni bonds, which was of most interest to me. However, on page 119, isn't that an error where when calculating the TEY for the Treasury bond they divide by 1-(federal + state/local) tax rate? Shouldn't that just be 1-(state/local) tax rate since Treasuries are not... more info
Customer Review: My husband was looking for this book and we found the best deal on Amazon.com using one of their vendors. We saved nearly half the price for a new book!We got excellent service and had a question promptly answered by the vendor via email during the transaction. I also recently ordered through my... more info
Customer Review: This book gives an excellent overview of muni bonds. It covers the terminology associated with these bonds.
However it contains limited math analysis.
Excellent, excellent reference book.
Customer Review: Compared to other books and especially handbook of mbs this book has very uniform treatment you don't feel like it is a collection of articles written by different people. The subject is discussed with detail and flow which will allow a person to put it in practice. Have not read the book from cover... more info
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