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URL:  http://boards.fool.com/i-dont-trade-bonds-in-cohens-terms-i-28501933.aspx

Subject:  Re: Yesterday’s Damage? None to Bonds Date:  5/10/2010  1:29 PM
Author:  Beerio Number:  30797 of 35400

I don't trade bonds. In Cohen's terms, I "collect" them.

Charlie


That makes more sense then. Buying and selling is horribly inefficient in the bond market, particularly in retail sizes. Just buying and holding will cut the inefficiency in half!

I shouldn't complain about it though, it's provided a living for me for a while now :)

Jon
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