Beating the Indexes: Investing in Convertible Bonds to Improve Performance and Reduce Risk

Discover a Smarter Way to Invest: Boost Returns While Reducing Risk with Convertible Bonds

In Beating the Indexes, seasoned Wall Street trader and convertible bond expert Bill Feingold introduces individual investors to a powerful yet underused asset class—convertible bonds. Combining the stability of fixed income with the upside potential of equities, convertibles offer a unique strategy for those who want to improve portfolio performance while keeping risk in check.

This book explains in plain English how convertible bonds work, how they behave under different market conditions, and how to use them to hedge volatility, enhance returns, and beat the major equity indexes. Feingold shares insider techniques, case studies, and easy-to-understand principles that make this advanced topic accessible to non-professional investors.

If you’re looking to expand your investment toolkit and trade like the pros without taking excessive risk, this book is a game changer.

✅ What You’ll Learn:

• What convertible bonds are and how they function
• Why convertibles can outperform both stocks and bonds over time
• How to analyze risk-reward profiles and valuation metrics of convertibles
• Portfolio strategies that combine fixed income and equity exposure
• Practical examples and case studies from real market scenarios
• How to reduce downside risk while preserving upside gains

💡 Key Benefits:

• Gain exposure to equity-like returns with bond-like safety
• Diversify beyond traditional stocks and ETFs
• Learn how institutions use convertibles to hedge and generate alpha
• Apply a defensive yet growth-oriented strategy
• Improve portfolio resilience in volatile or uncertain markets

👤 Who This Book Is For:

• Intermediate to advanced investors and portfolio managers
• Income investors seeking better risk-adjusted returns
• Equity traders looking to hedge or reduce drawdowns
• Anyone curious about hybrid securities and modern portfolio strategies
• Professionals managing retirement or wealth preservation accounts

📚 Table of Contents:

1. What Are Convertible Bonds?
2. The Case for Convertibles
3. Anatomy of a Convertible Security
4. Pricing and Valuation Techniques
5. Strategies for Bull and Bear Markets
6. Using Convertibles in a Diversified Portfolio
7. Risk Management and Hedging
8. Institutional Techniques Made Simple
9. Building Your Own Convertible Bond Portfolio
10. The Future of Convertibles in Personal Investing