Against the Rules with Michael Lewis cover image

Michael Lewis on the Prof G Pod

Against the Rules with Michael Lewis

CHAPTER

Investing in Distress: Lessons from FTX

This chapter explores the investment opportunities that arose in the wake of the FTX collapse, focusing on the implications of Sam Bankman-Fried's actions and the potential hidden value in distressed assets. The discussion contrasts Bankman-Fried's mismanagement with historical financial scandals, emphasizing the differences in crisis management and public perception. Through analytical insights, the speakers argue that 'unsexy' investments during tumultuous times can yield significant returns, challenging traditional views within the investment community.

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