Find Yields in a Low-Interest World
Fergus Hodgson, 8 November 2017
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Adrian Day is a money manager who describes the current economic environment as akin to Alice in Wonderland. Not only are governments offering and successfully selling bonds of very long terms at absurdly low rates, an enormous amount of capital is tied up in bonds earning negative yields. You don’t have to follow the herd down this road to ruin.
He and I caught up at the latest New Orleans Investment Conference, where Day delivered two presentations, along with manning his booth.* Recordings of the event are now available for those who either didn’t attend or who would like to review what they saw.
Recommended Links
- Business development companies (BDCs).
- Investing in Resources by Adrian Day (352 pages, 2010, Wiley).
- Ares Capital Corporation.
Fergus Hodgson is Gold Newsletter’s roving editor. Follow him on Twitter and Facebook.
Image: Gage Skidmore.
*Unfortunately, some sounds interfered with the recording, so please pardon a few awkward edits.