CATEGORY: Credit

$13 Trillion and Rising

$13 Trillion and Rising

The Journal | April 2019

In recent months, the financial media has been preoccupied with debt. We understand the attention. A little over a decade ago, high levels of American household debt were a catalyst...

Why Own Bonds?

Why Own Bonds?

The Journal | May 2015

At Burgundy, we believe that the best way to grow wealth over the long run is to own the equity of great businesses. However, we still recommend that many of...

The REAL Enemy of the Bond Investor

The REAL Enemy of the Bond Investor

The Journal | March 2014

In my post, Statement Shock: Bonds in the Red, I discussed why bond prices drop when interest rates rise and why this shouldn’t matter much to investors with a...

Statement Shock: Bonds in the Red

Statement Shock: Bonds in the Red

The Journal | October 2013

There’s no shortage of fear mongering in the financial media these days about the looming bond bubble. The negative sentiment is not unfounded. The federal reserve has been running...

Bonds - Value Investments?

PDF: Bonds - Value Investments?

The View | August 1994

Clients, readers of The View from Burgundy and friends of this firm will know that our approach to investing is to emphasize equities. We look for equities in quality companies...

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