Fernando Diz and Martin Whitman's Distress Investing is a practical tool to both beginner and experienced investors.Today's worldwide economic downturn has created attractive investments for distressed investors which makes this book a timely release.Distress Investing guides the reader step by step from defining distressed debt to valuation.Understanding creditor's rights and bankruptcy law allow distressed investors to capitalize on investments that are overlooked by individuals who are not knowledgeable of their securities' rights.In addition, it offers insight into many of Martin Whitman's strategies that he has employed during his long successful career of investment finance.Distress Investing is well written and provides excellent examples that make it an easy read.I would recommend this book to any individual looking to expand their knowledge base beyond equities.
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