“Legends & Leaders in Hedge Funds and Finance – George Schultze”

George Schultze, hedge fund manager and author of “The Art of Vulture Investing” (VI) on shorting companies on their way into distress, focusing on loans or bonds at a discount when they are in trouble, and after they have reorganized, investing in their post-reorganization equities – all healthy processes as investors push capital from dying to healthy businesses, preventing “zombie” firms.