Having some experience in the NPL (Distressed Investing) market, I found this book incredibly informative. For anyone looking to break into the Credit Investing space, I strongly recommend The Credit Investor’s Handbook by Michael Gatto, along with Distressed Debt Analysis by Moyer. Together, these two books cover everything from the fundamentals to deeper insights.
One of the standout aspects of this book is how Michael walks through the JC Penney case study across multiple chapters, using it to explain key concepts in a real-world context. This approach made complex ideas much easier to grasp and apply.
A must-read for anyone serious about Credit Investing! Highly recommended!