Hi Salmon, Thanx for the compliment, most appreciated. I have worked in and around the financial markets for decades. Early in my career I believed YTM was somehow a measure of return, because that is what everybody said and so it was written in every book I ever encountered on the subject. Hard to believe that in this day and age that large a misconception is still the conventional wisdom. Please share the vid with any friends or colleagues to whom you think it would be interesting. I also hope you will find some of the vids on my channel interesting/informative. Cheers, Doug
Simply brilliant. Thanks
Your compliment is most appreciated, sir. Cheers, Doug
Best explanation
Hi Salmon, Thanx for the compliment, most appreciated. I have worked in and around the financial markets for decades. Early in my career I believed YTM was somehow a measure of return, because that is what everybody said and so it was written in every book I ever encountered on the subject. Hard to believe that in this day and age that large a misconception is still the conventional wisdom. Please share the vid with any friends or colleagues to whom you think it would be interesting. I also hope you will find some of the vids on my channel interesting/informative. Cheers, Doug