Review:High Yield Debt: An Insider’s Guide to the Marketplace [by Rajay Bagaria] is an excellent book that deserves to go through multiple editions.”  (Enterprising Investor)

Quote of the Day

"Each individual needs to take a complete and careful look at the total financial picture. You need to weigh when and where you take risks. But along the way, don’t be afraid to make the moves that make it easier to take the risks that don’t fit neatly into a spreadsheet."

(Carl Richards)

Chart of the Day

Investors just can’t get enough corporate credit.

(ft.com)