Here is what we are reading this weekend at Distressed Debt Investing
Fairholme Funds' 2011 Portfolio Manager Report [via Fairholme Funds] (Editor Note / Disclosure: I have a position in FAIRX)
General Maritime's Chapter 11 Disclosure Statement [General Maritime Docket]
Interesting analysis on Facebook's IPO [Ragnar is a Pirate Investing Blog]
More rumors that Petroplus' refineries are drawing more bids [Reuters]
Primer of Valuation Multiples [found via Wall Street Prep blog]
Analysis of Colonial Bancgroup's fight with the FDIC with regards to setoff rights [Weil Bankruptcy Blog]
Speaking of Colonial Bancgroup, an amazing analysis of the 8.875% sub notes on the DDIC [Distressed Debt Investors Club]
Regarding Fairholme - this is likely naive, but do they disclose the size of their own stakes in the fund? I quickly glanced through that report and didn't see anything.
ReplyDeleteHunter,
ReplyDeleteAs always thanks for posting relevant articles. Would love your thoughts on Berkowitz' statement regarding Sears turning into another Berkshire.