Bridge over ocean
1 November 1995 Financial Analysts Journal Volume 51, Issue 6

Investing in Distressed Situations: A Market Survey

  1. Stuart C. Gilson

The practice of investing in distressed companies is popularly known as “vulture” investing. The risks of investing in this market are highly firm specific and idiosyncratic. Investors who are adept at managing these risks, who understand the legal rules that must be followed in corporate bankruptcy, and who are skilled at identifying or creating value in a distressed situation consistently earn the highest returns in this market.

Read the Complete Article in Financial Analysts Journal Financial Analysts Journal CFA Institute Member Content

We’re using cookies, but you can turn them off in Privacy Settings.  Otherwise, you are agreeing to our use of cookies.  Accepting cookies does not mean that we are collecting personal data. Learn more in our Privacy Policy.