Posts tagged ‘leverage’

Rime of the Dynamic Asset Allocation Mariner



My favorite poem in high school was The Rime of the Ancient Mariner by Samuel Taylor Coleridge. OK…I actually didn’t read much poetry in high school. But I do remember head-banging to the Iron Maiden song of the same name (all 13 minutes of it) so I think I’m sufficiently qualified to…

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Leverage vs. Coverage: The Importance of Multiple Metrics in Credit Analysis



Credit research is tough enough without trying to do it with one arm tied behind your back. Back in the day, credit analysts would diligently put together massive spreadsheets with all kinds of metrics that explained all aspects of a company’s financial performance and credit strength. These…

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