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Howard Marks on China, Risk, and Interest Rates
Motley Fool Money
How Do You Make a Business Case in a Distressed Market?
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There's one pile that everybody knows about, feels they understand and feels good about. Then there's another pile of things that people don't know about,. They are unseemly and they're pessimistic about which pile contains the bargains. So how do you go about in a distressed market making a business case? "Even a bankrupt company has value," he says.
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highlights
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