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Q: Barrons article on zero-coupon bond investment strategy ( Answered 5 out of 5 stars,   2 Comments )
Question  
Subject: Barrons article on zero-coupon bond investment strategy
Category: Business and Money
Asked by: profitsee-ga
List Price: $25.00
Posted: 22 Jun 2004 05:40 PDT
Expires: 22 Jul 2004 05:40 PDT
Question ID: 364459
An article in Barrons Newspaper described a bond investment strategy
using zero coupon bonds. The article appeared sometime between
1993-1999. Need help finding this article in its entirety. Thanks

Request for Question Clarification by markj-ga on 22 Jun 2004 10:42 PDT
profitsee-ga

See my comment below for information on the article you seek.  I have
since discovered that the article was adapted from a book written by
its author on the same subject.  That book is still in print and
available -- new and used --from online booksellers for as little as
$4.00.  Would information on acquiring the book be a satisfactory
answer, along with the citation to the Barron's article?

markj-ga

Clarification of Question by profitsee-ga on 22 Jun 2004 13:36 PDT
1 ) Your clarification stated on 22 Jun 2004 10:42 PDT is acceptable. 

2) In addition to the above, I would be inclined to provide additional
compensation if by chance the actual Barrons article that I'm looking
for arrived to me by email.

Thanks!
Answer  
Subject: Re: Barrons article on zero-coupon bond investment strategy
Answered By: markj-ga on 22 Jun 2004 15:34 PDT
Rated:5 out of 5 stars
 
profitsee --

Thanks very much for your clarification.  Unfortunately, Google
Answers researchers are strictly forbidden from personal contact with
customers by e-mail or otherwise, so I cannot share the actual article
with you privately.  I hope you understand.

As promised, though, I can identify the article and, possibly most
important, I will steer you to information about how to purchase at a
very low price the book from which the article was adapted.

First, the article.  "Playing the Zero-Coupon Bond Market," by Morry
Markowitz, appeared on page 28 of the September 20, 1993 edition of
Barron's.    Mr. Markowitz calls his bond strategy "Plan Z," which he
describes as follow:
"Plan Z is a long-term investment strategy based on aggressive
investing in zero-coupon bonds.  The goal is to boost the yield of
fixed income securities, giving them returns more often associated
with more venturesome vehicles."

If a library available to you archives Barron's Weekly in a form
accessible offline, this information should give you quick and
convenient access to it.
 
As noted above, the article was a adapted from a book written by
Markowitz.  The book is called "How To Beat The Street With Plan Z,"
and was published by Wiley in March 2003.

Here is Amazon.com's description of the book:
"One of the most stimulating?and effective?new techniques on winning
big for the safety-conscious investor! The "thinking man?s
trader"?Barron?s.

"Now you can reap the rewards of a brand new investment strategy
without the uncertainties often associated with Wall Street
investments. Plan Z presents several investment strategies that you
can customize to best suit your personal investment requirements,
current portfolio, and future goals. The techniques you?ll find in
Plan Z address the two most basic needs of any investor: safety and
strong returns on your investment. In clear, simple, and lively
language, that even the most novice investor can follow, it reveals:

 - How to take advantage of interest rate volatility 

 - The first clear explanation of zero coupon bonds and how to
capitalize on their unique and enormous potential

 - Why some currently popular investment products fail entirely to
work with zeros despite endorsement by noted authorities."


Below is a link to the ordering page at Amazon.com.  Note that you can
link directly from this page to a listing of new and used copies of
the book that are offered from reliable private sellers at deep
discounts as low as $4.00:
Amazon.com: How To Beat The Street With Plan Z.
http://www.amazon.com/exec/obidos/tg/detail/-/0471582867/qid=1087940150/sr=1-1/ref=sr_1_1/104-0356549-7527950?v=glance&s=books


Note also that the Amazon.com website offers online access to "sample"
pages in the book.  For example, here, is a link to its Table of
Contents:
Amazon.com: 
http://www.amazon.com/gp/reader/0471582867/ref=sib_rdr_toc/104-0356549-7527950?%5Fencoding=UTF8&p=S00A#reader-link

This is also one of the Amazon.com's offerings that can be search for
text anywhere in the book using Amazon's internal search engine.  Just
click on "Search Inside This Book" at the ordering page linked above
(below the image of the cover) to take full advantage of this feature.

Finally, if you prefer to try to locate a copy of the book at a
library convenient to you, use this search page at the WorldCat
website to find a nearby library that owns the book:
WorldCat: Search Page
http://tinyurl.com/2jnfs


Search Strategy:

I first conducted various keyword searches at Infotrac, an online
database that is available through my local library.  This searching
resulted in this abstract and citation of the article:

"Barron's, Sept 20, 1993 v73 n38 p28(3) 
Zeroing in: playing the zero-coupon bond market. Morry Markovitz. 
Abstract: Investors who desire relatively stable, long-term
investments should consider purchasing zero-coupon bonds. They are
affected by interest rates and traded infrequently. An investment
method that can provide good returns with investment in zero-coupon
bonds is described."


Since the text of the article was not available from this database, I
went to the site of Wall Street Journal Online to conduct additional
keyword searches of its archives based on this information.  Using the
Factiva service, which is owned by Dow Jones and is available to WSJ
Online subscribers, I located the article and noticed that it
indicated that it was "adapted from Mr. Markovitz's latest book, "How
To Beat The Street With Plan Z."

I then went to the Amazon.com site to get information on the
availability of the book for purchase.


I understand your disappointment at not having instant access to the
text of the article.  I hope and trust that the citation to the
article that I was able to find with keyword searches can give you
convenient access to the text in some offline form.  And, since the
article is directly adapted from a book that is in print and
conveniently available online, you should be able get the information
in the article, and more, for a very reasonable price.

If anything is unclear, please ask for clarification before rating this answer.

markj-ga
profitsee-ga rated this answer:5 out of 5 stars and gave an additional tip of: $5.00
Incredible...thanks for your research....

Comments  
Subject: Re: Barrons article on zero-coupon bond investment strategy
From: markj-ga on 22 Jun 2004 09:00 PDT
 
profitsee --

The text of the article is available for sale through a Dow
Jones-owned subscription database called Factiva.  I doubt (but I am
not sure) that the text of the article would be available online from
another competing database available at public libraries, for example.

Factiva normally charges a subscription fee, but subscribers to Wall
Street Journal Online (I am one),have free Factiva access to the text
of much archived material from Dow Jones publications, including this
Barron's article. However, I cannot reproduce the article here for
copyright reasons.  If you happen to a Wall Street Journal Online
subscriber, I could provide an answer that would lead you to the
article on the Wall Street Journal's site.

If you are not a WSJ Online subscriber, and if it would be of
sufficient help to you, I could provide you with an answer comprised
of a citation to, and an abstract of, the article, along with a brief
summary, which could help you find a copy of the article in a library
that archives Barrons on microfiche, for example.

markj-ga
Subject: Re: Barrons article on zero-coupon bond investment strategy
From: markj-ga on 24 Jun 2004 05:17 PDT
 
profitsee --

Thanks for the five stars and the nice tip.

markj-ga

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