The math here is really interesting to me as a noob. Thank you so much for including it in the footnotes. I wanted to ask if you have read "Dear Mr. Buffett" by Janet Tavakoli and specifically the chapter on how Berkshire insures baskets of junk bonds? You talking about recovery value made me think of this chapter. Thanks again.
The math here is really interesting to me as a noob. Thank you so much for including it in the footnotes. I wanted to ask if you have read "Dear Mr. Buffett" by Janet Tavakoli and specifically the chapter on how Berkshire insures baskets of junk bonds? You talking about recovery value made me think of this chapter. Thanks again.