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by: Michael V. Brandes List Price: $29.95 Amazon.com's Price: $21.86 You Save: $8.09 (27%) as of 07/30/2010 07:29 EDT Used Price: $9.85 Third Party New Price: $12.51 Availability: Usually ships in 24 hours This item ships for FREE with Super Saver Shipping. Binding: Hardcover Dewey Decimal Number: 332.6323 EAN: 9780471462217 Edition: 1st ISBN: 0471462217 Label: Wiley Manufacturer: Wiley Number Of Items: 1 Number Of Pages: 240 Publication Date: September 19, 2003 Publisher: Wiley Studio: Wiley Related Items: The Bond Book: Everything Investors Need to Know About Treasuries, Municipals, GNMAs, Corporates, Zeros, Bond Funds, Money Market Funds, and More Bond Investing For Dummies Bonds: The Unbeaten Path to Secure Investment Growth (Bloomberg) The Strategic Bond Investor: Strategies and Tools to Unlock the Power of the Bond Market Bonds Now!: Making Money in the New Fixed Income Landscape see more Alternate Versions: Click to Display Browse for similar items by category: Click to Display Editorial Review: Product Description: "A delightful instruction to the wonderful world of bonds for the non-professional investor, written in terms that you could explain to your mother-in-law; or that she could explain to you!" -Paul McCulley Managing Director and Fund Manager PIMCO, one of the world's leading fixed-income managers "Michael Brandes has written a thorough, useful, and highly readable treatise on bonds. Investors seeking a balanced, diversified portfolio are advised to read it." -Tom Gardner Co-founder, The Motley Fool "This book cuts through the jargon and gets right to the point. A bond market primer that not only teaches the basics, but also is enjoyable to read." -Gregory Peters Head of Credit Strategy, Morgan Stanley "The title says it all. The book is to the point and easy to understand. I wish I had Michael's so easy-to-understand reference to bonds years ago." -Alan R. Shaw Managing Director, U.S. Equity Research Smith Barney (a division of Citigroup) "Fixed income can be an enormously complex and confusing asset class-even for seasoned investment professionals-with a dizzying array of instruments and strategies. Fortunately, Brandes has done a marvelous job of pulling back the proverbial curtain, to unveil and demystify the bond market by breaking a complicated topic down into simple, manageable, and understandable building blocks." -Philip J. Orlando, CFA Senior Vice President and Senior Portfolio Manager, Federated Investors "Everything here about bonds is bite size and easy to digest. Pleasantly so. This book marks a clear path for individual investors to follow, and will fill you with many new insights. An extremely handy guide for anyone who wants to invest in bonds for safety and income." -John Tracy author of the bestselling book How to Read a Financial Report Customer Reviews Average Rating: Rating: - Calculation error in this book? I have only read chapter 19, on muni bonds, which was of most interest to me. However, on page 119, isn't that an error where when calculating the TEY for the Treasury bond they divide by 1-(federal + state/local) tax rate? Shouldn't that just be 1-(state/local) tax rate since Treasuries are not exempt from federal tax? It looks like they made a cut and past error, pasting in the denominator from the muni TEY calculation of the same page. The difference is 7.9% vs what I think is the correct 5.2%; ... Read More Rating: - Lightweight guide to bonds Full of useless info (the days of the week on which Treasury auctions take place, for example) larded with annoying attempts at humor. Fidelity and Pimco have the essentials about bonds on their websites, the latter for free, so why buy this? If you're really interested in the fixed-income market, I suggest Patrick Brown's "An Introduction to the Bond Markets". Even if you ignore the math, you'll learn far more, and have a book worth more than a single read. Rating: - Excellent Bond Book I highly recommend this book. It gives thorough and strait-forward information on every aspect of fixed-income investment vehicles. This is a great way to learn about this market if one is new to it. Rating: - A Must Have As a former techie who found his way to the wonderful world of supporting a fixed income desk, I found this book to be an excellent overview of the bond market. The author explains complex concepts such as duration and yield in terms that anyone can understand. This is by far the best introductory book to the bond market I have read (and I have read many)! Rating: - Insightful! In this very good beginner's guide to the bond market, author Michael V. Brandes addresses all of the fundamental questions clearly and concisely. Bond math can be daunting, but while the author includes a few equations for illustrative purposes, he clearly addresses his book to the general run of individual investors. The book, which has moments of surprising good humor, says right off the bat that bond investing can be dull in comparison to stock investing, not because the stakes are lower, but because ... Read More see more