
Ep. 83: David Barse: Instead Of Picking Winning Stocks, First Identify The Losers
Investing With IBD
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How to Gain Control of Asset Value
I started representing what became a very prolific market in trading of distress debt. We kind of got into the asset management business by accident, because we ended up using our knowledge to take control of a troubled closed end mutual fund. The story gets even more crazier because we use that fund to eventually buy control of them than bankrupt oil drilling company. David: Not today's world is very hard to gain control of asset value.
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