No. 015
Corporate bonds
Company debt, sold in large denominations to institutions, where you take credit risk for a spread over government yields.
No. 017Distressed debt
Buying other people’s bad debts at a discount, either to restructure the borrower or to collect more than you paid.
No. 033High-yield bonds
Debt from borrowers the rating agencies do not trust, paying a large spread that is sometimes compensation and sometimes a w…
No. 047Peer-to-peer loans
Lending directly to individuals and small businesses through a platform, an asset class that grew fast, broke publicly, and …