I've invested through three bear markets (2000-2001, pharmaceuticals 2002-2004 and 2008-2009). Lots of scars as my list of mistakes is long and distinguished. Sharing some lessons that may be helpful, even if not original.https://medium.com/@gavin_baker/thoughts-on-navigating-a-bear-market-65cb719b4843 …
Hey, for people without Bloomberg, what's the best way to look at covenants? Are they always in the 10-k filings? Thanks :)pic.twitter.com/jZhMqPEB0m
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Sometimes, but more often some vague verbal reference to it is made to them rather than the actual legal text you might need to calculate them
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Calculate them? I thought covenants specified what assets would go to the bank should the debtor default?
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