To get started finding distressed debt analysis strategies for speculative investors by stephen g moyer, you are right to find our website which has a comprehensive collection of manuals listed. The book covers the broader financial environment of the reorganization and the basic process of investment analysis and investment strategies. Moyer investing in distressed debt is trying to answer the following questions among. Distressed securities are securities over companies or government entities that are experiencing financial or operational distress, default, or are under bankruptcy. Debtorin possession financing dip financing, for example, is a unique form of. Strategies for speculative investors 1st ed by moyer, stephen g. How do investment professionals analyze distressed debt as. Download for offline reading, highlight, bookmark or take notes while you read distressed debt analysis. Investing in credit series distressed debt june 14 revised3. Everyday low prices and free delivery on eligible orders. Fridson, one of the deans of highyield bond analysis.
In addition to more traditional forms of distressed corporate debt investing, there exist numerous strategies that distressed investors can utilize. Use features like bookmarks, note taking and highlighting while reading distressed debt analysis. It includes all credit instruments that are trading at a significant discount. How to profit from investing in failing company debt. Bankruptcy investing how to profit from distressed companies. Strategies for speculative investors 9781932159189 by moyer, stephen and a great selection of similar new, used and. In fact, a troubled company may not know that a distressed debt investor holds its debt until a. Strategies for speculative investors kindle edition by moyer, stephen g. A total of 100 telephone interviews were conducted. To develop this indepth analysis of market panics, we looked at every major asset class, every sector, and every. Strategy disclosures information about oaktree strategies is provided for informational purposes only and does not constitute, and should not be construed as, an offer to sell, or a solicitation of an offer to buy, any securities, or an offer, invitation or solicitation of any specific products or the investment management services of oaktree, or an offer or invitation to enter into any.
That limits the analysis to a single investment cycle, rendering the conclusions somewhat tentative. Providing theoretical and practical insight, distressed debt analysis. Case studies in bankruptcies, buyouts, and breakups. Equities are things you own, such as stock or real estate. Buying bank debt and bonds at market levels that imply valuations of. Read distressed debt analysis strategies for speculative investors by stephen moyer available from rakuten kobo. Get file distressed debt analysis strategies for speculative investors pdf get essential tips and learn more about everything from advantage and. Distressed debt investing an overview from gramercy. In order to further integrate practical investing insights into the classroom, there will be multiple guest lecturers that will supplement the coursework.
They cannot afford to say something different and expecting it to sell. Bonds are issued by corporations, municipalities or the federal government and represent a kind of i. When it comes to investing, you have two primary options. Fridson classified distressed debt as debt trading with a. Distressed debt analysis strategies for speculative investorsstephen g.
And importantly, when these strategies work, they work exceptionally well. Strategies for speculative investors addresses the complete knowledge needs of investors and professionals in the burgeoning world of financially distressed companies. Distressed value investing courses at columbia business. An introduction to distressed debt and credit investing cais. Strategies for speculative investors presents a conceptual, but not overly technical, outline of the financial and bankruptcy law context in which restructurings take place. Best books to read for learning more about distressed debt. Purchasing or holding such distresseddebt creates significant risk due to the possibility that bankruptcy may render such securities worthless zero recovery. Distressed debt refers to the securities of a government or company which has either defaulted, is under bankruptcy protection, or is in financial distress and moving toward the aforementioned situations in the near future. Download it once and read it on your kindle device, pc, phones or tablets. Hedge fund investing in distressed securities 3 25 executive summary the sharp correction in the us subprime market in mid2007 was the catalyst for what has been a.
Ross publishing, 2004 the vulture investors revised edition hilary rosenberg wiley, 2000 bankruptcy investing how to profit from distressed companies ben branch and hugh ray beard books, 2007. Moyer provides the insight, indepth analysis and strategies necessary to invest successfully in the securities of financially distressed companies. Save up to 80% by choosing the etextbook option for isbn. A bond is one of the most common types of debt instruments purchased by individual investors. Download it once and read it on your kindle device, pc. Distressed debt analysis examples hi does anyone have a good source on sample writeups of distressed debt investment ideas. It is perfect for financial analysts, portfolio managers, bankruptcy departments of law firms, restructuring advisory groups, turnaround consulting.
Strategies for speculative investors j ross publishing 2004. Distresseddebt investors burnt by oil become coupon clippers. Policy reforms should balance quantity, quality and equality of access. Preparedbychandsooran101511 distresseddebtanalysis,stephenmoyer investmentobjectives constrainingfactors 1. Strategies for speculative investors by moyer, stephen isbn. Strategies for speculative investors addresses the complete knowledge needs of investors. Following the global financial crash, real estate debt and credit strategies were seen as a niche alternative to core investing. Strategies for speculative investors book online at best prices in india on. With that caveat, let us consider correlations of available indexes of distressed debt nondefaulted but distressed bonds, defaulted bonds, and defaulted loans. Today, a growing number of investors are shifting their real estate allocations into real estate debt investments. Strategies for speculative investors 1st edition by stephen moyer and publisher j.
713 929 59 336 399 56 240 339 899 296 67 1486 147 863 1524 335 510 950 49 802 877 1401 1163 1254 609 797 27 590 365 870 820 1461 577 262