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bonds have essentially a capped upside, and are pretty similar to debt which is vastly different from equity.
by zeusk 8y ago
bonds have essentially a capped upside, and are pretty similar to debt which is vastly different from equity.
- nebolo 8y agoBonds ARE debt.
- zeusk 8y agoBonds are a type of debt.
- curiousgal 8y agoAlso water is wet.
- dragonwriter 8y agoBonds are “similar to debt” in the same way that oceans are “similar to large bodies of salt water”.
- zeusk 8y agoYou're totally missing the point of my comment. I'm not a native english speaker so perhaps I didn't get my point across quite clearly - Bonds/Debt are a totally different thing compared to equity (IPO).
- PeCaN 8y agothanks for the financial insight stay savvy hacker news!