Famous Investors

Michael Milken (* 1946)

Michael Milken earned a name for himself as the king of junk bonds.

Michael Milken is known as the Junk Bond King. In his best year, he earned 500 million U.S. dollars at Drexel Burnham Lambert and is often considered to be the stereotype of a money-hungry Wall Street banker.

Along with other Wall Street greats like Carl Icahn and Ivan Boesky, Milken is said to be one of the characters modeled by Gordon Gekko in Oliver Stone’s 1987 film “Wall Street”.

Milken’s trading in junk bonds revolved around his statistical observation that the default ratio of junk bonds was much lower than many investors assumed it was.

Milken’s success served to make junk bonds attractive to other investors, leading to the junk bond boom of the 1980s.

The golden age of junk bonds, however, ended with Milken’s arrest on charges of insider dealing in 1990.

Stock trading fees compared

Expert Benjamin Manz
Benjamin Manz is CEO of moneyland.ch and an independent expert on banking and finance.
Online trading brokers in comparison

Find the cheapest online broker now

Compare now
Trading platforms

Brokers with low fees

Swiss Broker

Saxo Bank Switzerland

  • Licensed Swiss bank (FINMA)

  • No custody fees when securities lending is activated

  • Free expert research and trading signals

Request a personal contact
Swiss Broker

Cornèrtrader

  • Swiss online bank

  • No custody fees for stocks

  • Free market research and trading signals

Get a free quote now
Wealth managers in comparison

Find the most favorable wealth management now

Compare now for free
Request now without obligation

Choice of digital asset managers

Robo advisor

True Wealth

  • BLKB as partner and custody bank

  • Flat fee: 0.5% - 0.25%

  • Free test account

Test now
Robo Advisor

Clevercircles

  • Digital asset manager

  • An offer from the bank CIC

  • Free test account

Get a free trial now
Digital asset management

Selma

  • Digital financial assistant

  • Free investment plan

  • Free test account

Open now
Request now without obligation

Swiss wealth managers

Digital Private Banking

Managed by Alpian

  • Unlimited access to wealth advisor

  • No additional bank account charges

  • Customized portfolios

Learn more for free
Robo advisor

Bank CIC cleverinvest

  • Digital asset manager

  • Flat fee of 0.5%

  • Already from CHF 1000

Open now
Online wealth management

PostFinance E-Investment Management

  • Digital wealth management

  • From CHF 5000

  • Direct opening possible

Open now

Information

About moneyland.ch

 

moneyland.ch is Switzerland’s independent online comparison service covering banking, insurance and telecom. More than 100 unbiased comparison tools and calculators are available on moneyland.ch, along with useful financial guides and timely news. The comprehensive comparison tools help you to find the right insurance policies, bank accounts, credit and prepaid cards, loans, mortgages, trading accounts and telecom products for your needs. The guarantee of independence applies.

Company
Users
Banks & Telecom
Insurance & Pensions
SSL
Swiss Made Logo

moneyland.ch is Switzerland’s independent online comparison service covering banking, insurance and telecom. Contact us