Global Convertible Investing: The Gabelli Way - Hardcover

Woodson III

Hardcover

ISBN 10: 0471209821 ISBN 13: 9780471209829

Verlag: Wiley, 2001

Inhaltsangabe

Proven convertible investing approaches from a global leader
Global Convertible Investing: The Gabelli Way offers novice and experienced investors alike a comprehensive guide. In-depth analysis takes readers step-by-step through the process of understanding what convertibles are, how to value and price them, how to identify convertibles with potential, and how to profit from them. The proven approaches of the Gabelli Asset Management firm gives readers an inside perspective on option pricing theory, convertible valuation techniques, mandatory convertible securities, and much more. With Global Convertible Investing: The Gabelli Way readers will be able to learn from the firm's proven methods and approaches and apply them to use convertibles as a profitable investment vehicle for themselves.

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Über die Autorin bzw. den Autor

HART WOODSON is the Managing Director of Gabelli Asset Management (UK) Ltd. He joined Gabelli (New York) in 1993 as a Senior Vice President and Portfolio Manager. Before joining Gabelli, he worked in Amsterdam, the Netherlands, for ABN AMRO Bank where he was responsible for new issue activities concerning convertible bonds, preferred shares, and warrants in all currencies. Prior to that he worked in New York for AMRO Bank in the Capital Markets Group and as a Credit Analyst for Meridien International Bank. Mr. Woodson graduated from Trinity College, Hartford, with honors in history and international relations. He received his master's degree in international affairs from Columbia University, New York, where he was elected an International Fellow.

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Convertible securities have long been a favorite of institutional investors. Global Convertible Investing: The Gabelli Way seeks to introduce the numerous advantages of convertibles to the broader investment community, even as it provides experienced convertible investors with the proven approaches and unique valuation methods of leading convertible investment firm Gabelli Asset Management.

Accessible enough to be read and understood by sophisticated independent investors, yet sufficiently detailed to provide even the most demanding professional with step-by-step methods for identifying and trading high-potential issues, this comprehensive and cohesive treatment covers:
* Key issues to look for when reviewing a prospectus, from unfavorable call provisions to absence of sufficient default protection
* Main characteristics of major domestic and global convertible indices
* Pricing and price behavior of convertible securities, including Greeks, Black-Scholes, binomial trees, and more
* The dynamics of hedge arbitrage, and cogent arguments on how individual and institutional investors can effectively use leverage
* Techniques of using a short position to hedge a convertible, along with common risks for arbitrageurs to be aware of
* Innovative strategies-along with relative advantages and disadvantages-of hedging with options
* Mandatory Convertible Securities-The advantages and drawbacks of this fast-growing market segment
* Market-tested methods for taking advantage of the unique upside opportunities in "busted" convertibles

Long the domain of professional investors, convertibles are finally gaining their rightful place in the portfolios of independent investors around the world. But regardless of their experience levels, investors can find it difficult to effectively compete with the longtime convertible market leaders in today's environment of unpredictable global pressures and unforeseen whipsaw price reversals. Global Convertible Investing: The Gabelli Way raises coverage of convertible securities to a new level. By showing all investors how to build a solid foundation for effective convertible investing, this comprehensive guide develops the knowledge, skills, and confidence you need to uncover and take advantage of today's most profitable "convert" opportunities in both U.S. and overseas markets.

Details zur Ausgabe

• Verlag: Wiley
• Erscheinungsdatum: 2001
• Sprache: Englisch
• ISBN 10: 0471209821
• ISBN 13: 9780471209829
• Einband: Tapa dura
• Anzahl der Seiten: 369
• Kontakt zum Hersteller: Nicht verfügbar
• Verantwortliche Person: Nicht verfügbar