SKU: 60007820110

Distress Investing: Principles and Technique

Sale price$55.84 Regular price$62.05
Save 10%

Shipping Estimate
USA
  • USA
  • CAN

Ships within 48 hours · Estimated delivery Jul 14 - Jul 19

Promo Codes Available:

For Your Every Summer RSVP, with Code: SUMMER15

Description

Distress Investing: Principles and TechniqueFinancial innovation, new laws and regulations, and the financial meltdown of 2007 2008 are just a few of the forces that have shaped, and continue to shape, today's distress investment environment. Combine this with the fact that the discipline of distress investing doesn't always follow what conventional wisdom says, and you can see why it is one of the most challenging areas in finance. Nobody understands this better than Martin Whitman the

Financial innovation, new laws and regulations, and the financial meltdown of 2007-2008 are just a few of the forces that have shaped, and continue to shape, today's distress investment environment. Combine this with the fact that the discipline of distress investing doesn't always follow what conventional wisdom says, and you can see why it is one of the most challenging areas in finance.

Nobody understands this better than Martin Whitman--the legendary founder of Third Avenue Management LLC and a pioneer in the field of distressed markets--and leading academic Dr. Fernando Diz of Syracuse University. That's why they decided to write Distress Investing. As an outgrowth of annual distress and value investing seminars the two have taught together at Syracuse University's Martin J. Whitman School of Management, this reliable resource will help you gain a better understanding of the essential principles and techniques associated with distress investing and show you how to effectively apply them in the real world.

Divided into four comprehensive parts--the General Landscape of Distress Investing, Restructuring Troubled Issuers, the Investment Process, and Cases and Implications for Public Policy--this book comprehensively covers the practice of buy-and-hold investing in distressed credits, whether it be performing loans or the reinstated issues of a reorganized issuer.

From the recent changes to U.S. bankruptcy code and creditor rights to cash bailouts, you'll quickly learn how to analyze distressed situations such as pricing issues, arbitrage opportunities, tax disadvantages, and the reorganization of funding plans. Along the way, case studies of both large and small distress investing deals--from Kmart to Home Products International--will give you a better perspective of the business.

Critical topics addressed throughout these pages include:

  • Chapter 11 bankruptcy and why it's not considered an ending, but rather a beginning when it comes to distress investing
  • The "Five Basic Truths" of distress investing
  • The difficulty of due diligence for distressed issues
  • Distress investing risks--from reorganization risk to risk associated with the alteration of priority of payments in bankruptcy
  • Valuing companies by both going concern as well as their resource conversion attributes

In today's turbulent economic environment, distress investing presents some enticing opportunities. Put yourself in a better position to excel at this endeavor with Distress Investing as your guide.

Binding Type: Hardcover
Publisher: Wiley
Published: 04/13/2009
ISBN: 9780470117675
Pages: 247
Weight: 1.00lbs
Size: 9.10h x 6.30w x 1.10d

Shipping Notes
  • Free Standard Shipping on $100+ Orders to the USA.
  • Except Preorder products are shipped in 48 hours.
  • Delivery to the USA:
  1. Standard Shipping : 3-10 business days
  • If time is of the essence, please consider selecting expedited delivery for faster service.
Exchange/Return Notes
  • We offer a 30-day return/exchange service after receiving.
  • Final sale items are not eligible for returns or exchanges.
  • To process your return/exchange, please contact us at [email protected]
  • Please click here for more details>>> Return & Exchange Policy
SKU: 60007820110

Discover Niche Categories That Outsell

Top-Converting Item to Boost Your Average Order

4.3 ★★★★★
Based on 414 reviews
Sort
Highest Rating
Newest First
Oldest First
Product Reviews
J
Verified Purchase
Jahmal Bethel
Waukegan, US
★★★★★ 5
Loved this book !!!
Format: Paperback, Format: Paperback
Great information!!! Erin answered alot of questions I had about MTR. I was able to implement some things she had recommended in her book. No joke, I got my first tenant the following weekend. I still have some questions about minor things but vía her you tube channel I know I will find the answer. One more thing, she will send you a copy of the lease she uses and the welcome letter she provides her tenant if you send her a picture of the book to her email. That helped a lot! I recommend this book. Go get your copy. Worth it!!!!!
WAS THIS REVIEW HELPFUL?YesReportShare
Reviewed in the United States on April 20, 2023
J
Verified Purchase
JDHOLDER
Draper, US
★★★★★ 5
As expected
Format: Kindle
This is a great book to get started. Its an easy read with some relevant resources. If you are thinking of renting midterm and have little experience I would suggest this book.
WAS THIS REVIEW HELPFUL?YesReportShare
Reviewed in the United States on June 18, 2025
L
LyfeCoach
Louisville, US
★★★★★ 4
Easy to read Guide
Format: Kindle, Format: Kindle
I really enjoyed Erin's podcast on YouTube and wanted to be able to look up the information she was sharing. The book had large enough print for easy ready, clear chapters and direct points. Looking forward to using it as a reference.
WAS THIS REVIEW HELPFUL?YesReportShare
Reviewed in the United States on May 1, 2023
C
Verified Purchase
Cynthia Campbell
San Leandro, US
★★★★★ 5
Informative
Format: Kindle
I am new to midterm renting but this book has been extremely enlightening. It has given me the needed confidence to pursue midterm rentals. I came into this thinking just of traveling nurses but Erin helped me see the broader picture. This is a great resource for anyone considering getting into property investment, particularly midterm or even short term rental. Her advice is practical as well as entertaining.
WAS THIS REVIEW HELPFUL?YesReportShare
Reviewed in the United States on July 11, 2023
E
Verified Purchase
E
Battle Creek, US
★★★★★ 5
Erin's book was a lifesaver.
Format: Audiobook
Erin's book was a lifesaver. We couldn't sell our house so we decided to Midterm rent it. The book covers all the essentials and most importantly makes you think that you can do this. After reading the book and listening to her youtube channel, I booked a consulting call with Erin and it was fantastic. Erin is well worth taking advice from.
WAS THIS REVIEW HELPFUL?YesReportShare
Reviewed in the United States on May 7, 2025

recommand products