Investing in Distressed Situations: A Market Survey
调查了投资困境公司的实践，指出该市场风险高度特异，擅长管理风险、理解破产法律并能识别或创造价值的投资者能获得最高回报。
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.