Booth Laird On Melting Ice Cube Investments; Hidden Gems | Value Investing News

Booth Laird On Melting Ice Cube Investments; Hidden Gems

  • In the investing world, a melting ice cube is any investment vehicle whose value is expected to decline over time.
  • The value of the bond will decline each year as the principle is paid down, reducing future annual interest payments, until the full principle is paid off.
  • Since businesses have existed, industries have been born, grown, matured, and then declined to oblivion as new industries were born that rendered the original industry obsolete.
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