Previous: Introduction to the Series
Before we get into the weeds of bond investing, we need to agree on some basics. What even is a bond? How big is this market? And what does “systematic” mean when people throw that word around?
Book: Beating the Street by Peter Lynch with John Rothchild | ISBN: 978-0-671-75915-5
The phrase “limited partnership” makes most investors flinch. And honestly, they have good reason. Thousands of people got burned by tax-shelter schemes in the 1980s. Oil partnerships. Real estate partnerships. Movie partnerships. Even gravesite partnerships. The losses were worse than the taxes they were trying to avoid.