Portfolio Update: Four Deeply Distressed Industries to Watch
In our view, the distress ratio is likely to double or triple from its current level by late 2023 or early 2024. And that means a crop of new distressed opportunities will soon arise.
Topic
Distressed Investing
A collection of 4 issues
Video Did Not Kill The Radio Star
Our latest addition to the Porter & Co. Distressed Investing portfolio is a bond that is secured by the assets of the largest owner of radio stations in the United States. It’s trading at a 17% discount to its $1,000 face value.
Portfolio Update: Big-Name Retailers Falter
Defensive Investing: Heads You Win, Tails You (Still) Win
The key to defensive distressed investing is simple: find investments that will hold up well when the market declines – and go up when the market eventually recovers. Today’s recommendation offers a high chance of upside with a built-in margin of safety.