The Greatest Legal Transfer of Wealth in History

Software pioneer Salesforce (CRM) is our first “bargain” company — a distressed business trading at rock-bottom valuations, but with a detailed restructuring plan in place. Salesforce boasts a core product suite like no other, and activist investors see a great asset that can be fixed without major risk. CRM stock is trading at multiples we
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A Bank Built for A Credit Bust

Houlihan Lokey (HLI) is a cash-rich, debt-free financial firm that specializes in restructuring…helping soon-to-be-bankrupt companies get back on their feet. In today’s debt-crushed environment, there’s no better business to be in. A shares position in HLI is the perfect first exposure to the fascinating world of distressed debt. Houlihan Lokey is a “forever company” that
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