Distress Investing, Martin J. Whitman
Distress Investing, Martin J. Whitman
List: $19.99 | Sale: $13.99
Club: $9.99

Distress Investing
Principles and Technique

Author: Martin J. Whitman, Fernando Diz

Narrator: Pete Larkin

Unabridged: 8 hr 22 min

Format: Digital Audiobook Download

Publisher: Ascent Audio

Published: 07/20/2020


Synopsis

Distress Investing is a comprehensive guide to distress investing around the world. Increasingly, corporate rehabilitation is more interesting than corporate liquidation to governments and capital markets. And increasingly a mezzanine industry of mutual funds, hedge funds, and private investors has stepped up to fill the role of the traditional corporate lender. This book covers distress investing from theoretical underpinnings to practical applications. It features cases studies of some of the biggest distress investing situations including Kmart and Pacific Gas & Electric. From the recent changes to U.S. bankruptcy code to creditor rights to cash bailouts, readers will learn how to analyze distressed situations including pricing issues, arbitrage opportunities, political and tax disadvantages to deal expenses and reorganization funding plans. Written by the leading practitioner of distress investing and co-authored by teaching academics, this book is certain to become the bible on the topic for professional investors and students.

Reviews

Goodreads review by Pratik on November 10, 2024

The book is a detailed guide on evaluating distressed securities, offering insights into asset valuation, bankruptcy law, and capital structure. It is based in the USA. With real-world case studies, the author illustrates a value-based approach to finding opportunities in troubled companies. Very te......more

Goodreads review by Henry on December 04, 2024

- My biggest takeaway from the book is actually: stay away from distress investing, unless your sole business is on turnaround investment. The problem lies that even if the intrinsic value analysis is correct, the unknown of it (bankruptcy preceding timeline, potential take over competitors, unknown......more

Goodreads review by Stefan on May 17, 2020

the book is really good and I do understand why the average rating is higher than what I have given. The reason I'm rating it lower is the exclusive focus on the bankruptcy practices in the US. It does not describe the fundamental principles which makes it hard to assess the value for other systems.......more

Goodreads review by Xavier on April 04, 2020

El libro está más bien enfocado al inversor institucional con conocimientos ya previos en distressed investments. Para el inversor retail, aunque puede sacar aprendizaje, no le resultará tan útil a no ser que quiera seguir en el proceso de aprender sobre el tipo de inversiones expuestas. Es un libro,......more