Global Convertible Investing: The Gabelli Way

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Summary: Brilliant, comprehensive, insightful
Review: A must read for anyone interested in a clear and consise review of all the relevant information regarding this timely topic. Mr. Woodson demonstrates his precise and broad understanding of all the issues surrounding convertible investing, and presents such knowledge in a profounding easy to read fashion. This one shouldn't be missed. Clearly one of the authoritative sources out there!!

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Summary: The basics laid out
Review: An excellent explication of convertible bond investing, terminology and theory. If the current market environment is making you jittery about owning stocks, convertible bonds deserve some consideration.

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Summary: comprehensive book that's great for any knowledge level
Review: Hart Woodson has put together an easy to understand guide to convertibles. The book covers all aspects for hedge funds to outright purchasers of the product on a global basis. In depth enough for the seasoned professional and yet basic enough for those trying to understand convertibles for the first time.

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Summary: I hope this is not the Gabelli Way.
Review: I am unsure what book the rest of the reviewers are reading; but it was not this one. The book is not only ambiguous, but poorly crafted with topical transitions sloppy. I can comfortably say that there is not a single section of the book that adequately unveils the dynamics of various convertible instruments or their pricing. Indeed, the book reads more like a glossary than an explanatory text and for persons new to converts, the spate of regurgitated pricing theories will likely do more harm then good. Perhaps the one strength of the text is that it serves as a broad reference for readers truly interested in converts to seek out more educative pieces. For more informed readers, modest incremental knowledge seems to be the only gain.

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Summary: I hope this is not the Gabelli Way.
Review: Quite a few books have been written about the specialized subject of convertible securities, but Hart Woodson has distinguished himself by writing a comprehensive book that includes all of the latest types of convertible securities as well as the latest strategies--in plain language that a beginner could comprehend, and with sophisticated equations included for the sophisticated quant. Better still, the book is not simply an ad for convertibles nor for his employer, Gabelli Asset Management. The pitfalls as well as the potentials are described. Hart can write. Hart has broad experience. He puts it all together in this practical book.

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Summary: Derivative investing is becoming more relevant!
Review: The strategies that hedge funds are using now will be in the hands of ordinary investors within the next three weeks. One such strategy is the use of international convertible bonds. This is a derivative instrument that cannot be ignored. Fixed income until YOU the investor decide to switch.

How important is this. Mr.Woodson [not only shows how relevant it is for today's investor he makes sure that you know the necessary tips and tricks to outwit Wall Street at their own game. As investors wisen up to the need to retain their short term gains instruments such as convertible bonds, warrants, options, futures and many other derivative style investments will dominate the average investors portfolio.

Another two great books along this vein are "Futures For Small Speculators" and "Single Stock Futures For Small Speculators". Everyday investors are simply tired of the same old "buy and hold" strategies that don't work or give up to much value in the short run.

Buy convertible arbitrage you won't be disappointed.

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Summary: Global Convertible Investing: The Gabelli Way
Review: Woodson, managing director of Gabelli Asset Management (UK) Ltd., introduces the advantages of convertible securities to the broader investment community, describing approaches and valuation methods of the convertible investment firm Gabelli Asset Management. Material is accessible enough to be understood by sophisticated independent investors, and provides detailed methods for professionals for identifying and trading high-potential issues.