Acknowledgments
Introduction: Wealth Without the Drama
1 How to Use This Book
2 Why Do We Invest? What Makes Us Wealthy?
3 How Mr. Market Captures Value
4 Income Factory: The Math, the Risks, and the Choices
5 What Sort of Income Factory Is Right for You?
6 Building Our Factory
7 Income Factory Model Portfolios
8 “Stretching” for Yield
9 Variations on the Theme
10 The Taxonomy of Risk and Reward
11 Bonds, Interest Rates, and Credit Risk
12 Senior Loans (High-Yield Bonds with Benefits)
13 Virtual Banks (aka “CLOs”)
14 From Benjamin Graham to the Income Factory
Appendix: Financial Innovation—A Case Study
Index