Summary of The Bond Book

Looking for the book?
We have the summary! Get the key insights in just 10 minutes.

The Bond Book book summary
Start getting smarter:
or see our plans

Rating

8 Overall

9 Applicability

6 Innovation

9 Style


Recommendation

This is an accessible introduction to bonds by a financial professional whose first book - as unlikely as it may seem – was a study of Max Jacob, the French poet. The literary background of the author, Annette Thau, may account for her book's clear, easy-to-read style. Most authors who write about bonds tend to get lost in the complex mathematics and specialized jargon of the bond markets. Not Annette Thau. Whether you are an individual investor trying to balance your portfolio with bonds, or a student of finance looking for a more lucid explanation of the subject than you can find in your textbooks, getAbstract highly recommends this book to you.

In this summary, you will learn

  • What a bond is,
  • How bonds work, and
  • What types of bonds you can invest in.
 

About the Author

Annette Thau, Ph.D., is a former municipal bond analyst for Chase Manhattan Bank. Until recently, Dr. Thau was a visiting scholar at the Columbia University Graduate School of Business.

 

Summary

Know Whereof You Speak: Bonds Defined
A bond is a debt. A government, company or other entity borrows money and promises to repay it. The promise is in writing, and that written promise is a bond. The promise will usually commit the borrower to repay the principal and also to pay interest...

More on this topic

Customers who read this summary also read

Security Analysis
Security Analysis
8
Capital and the Common Good
Capital and the Common Good
8
Warren Buffett and the Interpretation of Financial Statements
Warren Buffett and the Interpretation of Financial Statements
8
The Hidden Wealth of Nations
The Hidden Wealth of Nations
8
Bloodsport
Bloodsport
9
Millionaire Teacher
Millionaire Teacher
8

Related Channels

Comment on this summary

  • Avatar
  • Avatar
    Gary Rawlins 4 years ago
    article is just one block of type. please fix
    • Avatar
      Haike Schattka 4 years ago
      We have fixed the layout of this summary. Thanks for your comment!