Outrunning the Bear
How You Can Outperform Stocks and Bonds with Convertibles
Outrunning the Bear is an enjoyable guide to convertible bonds, and an informative account of Greg Miller’s experiences with them as a personal investor and professional money manager. Throughout the book you will find anecdotes and charts that combine to tell Wellesley’s story of protecting our clients’ hard-earned money while pursuing the goal of beating both stocks and bonds over complete market cycles.
We encourage you to use the book as a reference and reminder, especially during times of market volatility when it can be hardest to stick with a long-term investing plan. Outrunning the Bear demonstrates both the value of such long-term plans and the role convertible bonds play in them.
By Greg Miller, CPA
CEO and Co-Chief Investment Officer of Wellesley Investment Advisors