Sentences with phrase «buying distressed companies»

ETF for India, China, Vietnam, etc.)-- Vanguard is good; I am in process of replacing the TD eFunds with Vanguard ETFs (I should have done it much earlier but they were under in my RRSP, it should have not mattered, the corresponding ETFs were low too)-- Big companies are good (McDonalds, Starbucks, Pfizer, WM) until they are not so perhaps I should get rid of them and buy more Vanguard ETFs — Buying distressed companies could be a winning proposition but have I very mixed results so better not (BP and Transocean bought after the oil spill, Nortel, BlackBerry, and Nokia — BP and NOKIA good, Transocean under not much, but under, BB very, very bad, and Nortel no comments)-- Berkshire is very good as it is a kind of ETF but what would happen after Warren Buffett (who would have thought AIG would need to be bailed out and the shareholders wiped out in the process or other cases where individuals brought companies down for example Barings the oldest bank in England)

For most of the hedge funds, the strategy is pretty simple: First, buy a distressed company's bonds for cents on the dollar.

Not exact matches

He began buying shares of distressed textile manufacturer Berkshire Hathaway in 1962, ultimately taking over as chairman and using it as a holding company.

Companies with strong balance sheets can buy back stock, issue dividends and buy competitors at distressed prices during economic downturns.

«Birchcliff was able to buy high - quality assets at a distressed price, and at the same time, deleverage its balance sheet,» he said, adding that the company could be debt free in the next three to four years.

Tilson was bearish on Wells Fargo but realized at a certain price even a distressed company can be a good buy.

Likewise, in 1988, he and his longtime business partner, Bruce Karsh, created a distressed debt fund at TCW, profiting from the perception that it was «disreputable» to buy the debt of bankrupt companies.

Whether buying distressed assets or whole companies, the intelligent acquirer can add new markets, technologies, or cheap capital assets to make the existing business more productive.

And in the fullness of time, as we have now come to realize, Toyota stock has gone up a lot from that standpoint, and investors, which properly explains the kind of results we've managed to have in our mutual funds that Consuela referenced, is because a patient investor with the contrarian value mindset I've talked about, as long as you're buying the stocks on sale and not those that are offered on clearance, i.e., which nobody else wants ever — so we don't believe in distressed investing or deep value investing, we're talking about quality companies that are available on sale — you can make what I'm going to call performance statements in your portfolios, as opposed to what I'm going to describe what a lot of investors try to make, which is fashion statements.

John Morrier works with troubled companies and their owners in business restructuring matters, both court - supervised and out of court, and advises clients in buying and selling assets in distress situations.

I had just recently formed my own company so I figured it was time to step up to a bigger challenge given my previous focus was on buying distressed properties with the intent of «flip to rent»

Apollo Global Management - owned Claire's, and J. Crew, a portfolio company of TPG Capital and Leonard Green & Partners, have both recently undertaken distressed - debt exchanges and complex capital structure maneuvers in an effort to buy time.

OnPoint got its start in Boston as a development company focused on buying distressed and deteriorated housing stock within some of Boston's most promising neighborhoods and transforming them into condos and rental properties.

According to Dawna Davies, owner and broker of a local real estate company, investors and homebuyers have continued to buy up the available inventory of distressed properties.

The buyers» insurance company bought the house, paid for the remediation, and sold the house to a buyer who fixes up distressed houses for sale.

That was the case when the partners of Blue Water Worldwide LLC, a holding company capitalized by several families to buy and operate businesses, hatched a plan to buy distressed stone quarries in 2009.