回复：aside from ratings, please elaborate why bonds is an inferior

来源: 于 2012-04-04 16:43:05 [博客] [旧帖] [给我悄悄话] 本文已被阅读：次

Bond is debt. Bond holders' return on and return OF capital depends on the ability of the debtors to pay.

The biggest risk today is not to the return ON you capital but to the return OF your capital that are dependent on third parties.