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The problem wasn't the instruments used to bet, but the enormous leverage used to magnify bets.
Such directories are a dull, predictable business, and the bonds are rated junk only because of the high levels of leverage used for the acquisitions.
So while many funds may have been hurt badly by the ban on short selling, it is also true that the size of investments and the amount of leverage used have come down markedly in recent months.
Because of the amount of leverage used, if a fund pays a 5percentt interest rate on the preferred shares it issues and earns 8percentt on that money through brilliant stock picking, the fund's common stockholders would receive a yield of 9.5percentt on their shares.
He knew 1980s-style buyouts were typically laden with debt, with massive leverage used to magnify equity investors' potential returns.
In normalizing its process, FERC will properly bear the burden of proof and be divested of leverage used too often to coerce settlements.
Similar(46)
The goal is not transformation, but leverage, using size to cut better deals with distributors and suppliers.
The banks hid their excessive leverage using derivatives, off-balance-sheet entities and other devices, the report found.
As companies like Tribune and Gannett buy up local television stations, the goal is not transformation, but leverage, using size to cut better deals with distributors and suppliers.
After an initial exploratory analysis (calculating its leverage using DOMFluor), one outlier was identified and removed from the dataset.
In the process, the unstructured item is given a structure you can leverage using more common tools, like database queries and predictive analytics.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com