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These strategies bring the best results when the equity markets are particularly volatile over an extended period. They also require a substantial depth in the choice of securities obtained by numerous issues on the part of the companies concerned. The most unfavourable environment for convertible arbitrage is one in which interest rates are rising and equity markets flat, resulting in lower volatility.
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You want to act 'better' than me because you drive a tiny economy car or because you thumb your nose at the global oil crisis even though opposite sides of the spectrum, its the same 'holier than thou' attitude that doesnt sit well with me.And vegans can really run away with that 'holier than thou' menality! I think its thier way