5. The Very Basics

We’re about to go on a brief tour of my experiences as a convertible trader. I hope this little journey will help bring convertibles alive for you and prepare you to learn more about this fascinating, often superior investment. Before we start the tour, I’m going to give you the most basic measures convertible professionals use to define the essence of the product. We’ll dig deeper once the tour is done, but a couple of minutes now will take you a long way.