

David Bastian: Distressed Investing 101 w/ Kingdom Capital
17 snips Sep 1, 2023
Distressed investing case study, expanding profits in compounder investments, generating ideas through crowd sourcing and organic research, analysis of DXL and Children's Place, investment strategy and returns, exploring exciting corners of the market, a conversation about a baseball player's admiration.
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Avoid Misaligned Incentives
- Avoid investments where management or lenders have misaligned incentives.
- Misaligned incentives often lead to value not being realized for shareholders.
Idea Generation Through Networks
- Use a network of trusted peers and managers to source niche ideas.
- Follow industry conversations and dive deep into sectors to find undervalued companies.
Twitter Insights on Coal Industry
- Social media and specialized voices can provide key insights on niche industries like coal.
- Skepticism about overly cheap prices is warranted but sometimes markets undervalue companies unfairly.