by John P. Calamos, Sr.
Combining the fixed-income benefits of a bond with the capital appreciation potential of a stock in one security, convertibles have nonetheless been slow to catch on with the general investing public. Today, with the world economy in the midst of another great wave of emerging growth, and companies pursuing every avenue to find that growth, the convertible market is becoming more important than ever.
Convertible Securities is the most extensive analysis yet of convertible securities, and how they can be used by everyone -- from average investors to institutional money managers -- to help achieve above-average returns with greatly reduced risk. Written by convertible security pioneer John P. Calamos, this comprehensive book covers subjects including: characteristics of convertible securities, new convertibles, estimating the risk and reward of convertibles and the outstanding historical performance of convertibles.
Convertible Securities is the most comprehensive guidebook available for investors on the structure and uses of convertible securities. With its coverage of high-return investment strategies, hedging techniques to minimize risk, and complete analysis of the convertible asset class, John Calamos' authoritative, research-driven book helps demystify this excellent investment vehicle.