Gershon Distenfeld

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Last quote by Gershon Distenfeld

Our fund was up 15 percent last year and we don't see that happening again.feedback
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Mar 24 2017
This page is completely dedicated to what Gershon Distenfeld has to say. All of Gershon Distenfeld’s quotes are organized here by date and topic. The most recent quote attributed to Gershon Distenfeld came from an article called Why bonds are still a good bet in a rising rate environment: “Especially the lowest quality bonds, the high yield market, usually does pretty well when rates rise. Rates only rise at times where economic conditions justify it, so it typically – not always, but typically - has been a mistake to sell at this time. All your return in fixed income comes with the passage of time. We focus so much on duration as if it is this magic figure. Duration only manages the instantaneous move given the change in rates. Time, I won't say heals all wounds but it does a lot of good.”.
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Quotes by Gershon Distenfeld

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