by Ben Branch & Hugh Ray - Bankruptcy Investing Reviews Summary
Ratings Breakdown
Rated 4.5 by 9 people
Pros from Reviews
- Comprehensive overview of bankruptcy investing
- Recent cases as examples
- Discusses quantitative metrics
- Easy-to-read introduction
- Helpful for technical aspects
- Solid discussion on cash flow
- Provides risk/reward profiles
- Useful for dabbling in distressed assets
Cons from Reviews
- High level investing content
- Uncertainty in valuation methods
- Flawed cash flow calculations
- Inconsistent terminal value calculations
- Lacks financial performance measures in case studies
- Extensive focus on securities types
- May not be suitable for beginners
- Disappointing content progression
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