
#18 The Distressed Damsel
Behind the Balance Sheet
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Investing in Bankruptcy
Stress investing is mainly buying debt of a company that's on the verge of bankruptcy or already in bankruptcy. It requires tenacity because bankruptcies are often long and there can be twists and turns where you think you won, but you didn't. So it is a complex process, but it's really thrilling as a particular asset class. I personally like to be at my seat when the market opened and ready to transact if I needed to.
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