Ramin Nakisa
👤 SpeakerAppearances Over Time
Podcast Appearances
You never learn about them in school.
You know, stocks are kind of understandable.
A little slice of a company, you get all the upside, it's a perpetual instrument.
And yet bonds are so useful.
Nobody understands them.
You know, everyone thinks they understand stocks.
I don't.
But it is complex, right?
I don't think people do truly understand.
With a bond, you know what you're going to get.
You know, on this date, I'll receive this cash flow.
You know, on this date, I'll get my money back.
Now, that is incredible.
I think that's pretty tangible.
With an equity, you've got no idea what you're going to get.
You don't know if it's going to exist as a company in 10 years' time.
With a bond, it's set in law that you get paid those... Yeah, but you get like yield curbs and coupon rates and I think these curbs...
It depends.
I mean, for guilds, they're very liquid.
For corporate bonds, yeah.