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Interview With Hedge Fund Manager and Author of 'The Art of Vulture Investing' George Schultze
Posted by: CanadianValue (IP Logged)
Date: February 28, 2013 05:08PM
Investing in distressed securities and financially troubled credits is an approach that contains both great risk and opportunity.
Schultze typically shorts the equity of companies that are headed for bankruptcy and then go long the "fulcrum" security that is the position in a company most likely to receive equity post reorganization.
In this video Schultz discusses his book, his techniques and his experience with Chysler and Bear Stearns.
Stocks Discussed: SPY, DJI, QQQ,