Martin Whitman - Distress Investing. Principles and ninciclopedia.org Download ( Pages | Free )Distressed securities are securities over companies or government entities that are experiencing financial or operational distress, default , or are under bankruptcy. Purchasing or holding such distressed-debt creates significant risk due to the possibility that bankruptcy may render such securities worthless zero recovery. The deliberate investment in distressed securities as a strategy while potentially lucrative has a significant levels of risk as the securities may become worthless. To do so requires significant levels of resources and expertise to analyze each instrument and assess its position in an issuer's capital structure along with the likelihood of ultimate recovery. The market developed for distressed securities as the number of large public companies in financial distress increased in the s and early s. Treasury bonds
What Is Distressed Debt Investing? - Part 4 of 5 In Private Equity Primer Video Series
Whitman Martin J., Diz Fernando. Distress Investing. Principles and Technique
You are currently using the site but have requested a page in the site. Would you like to change to the site? Martin J. Whitman , Fernando Diz. LLC " Distress Investing: Principles and Technique represents a detailed and unique perspective on an arcane arena of investment that is going to get a lot more attention.
This content was uploaded by our users and we assume good faith they have the permission to share this book. If you own the copyright to this book and it is wrongfully on our website, we offer a simple DMCA procedure to remove your content from our site. Start by pressing the button below! The power of this holistic view is demonstrated in many actual distressed investing situations. Without the wisdom in this book anyone investing in distressed securities runs the risk of becoming a distressed investor! While there are no guarantees of ultimate investment performance, following these principles will enhance the probability of above average portfolio returns.