The Phoenix Approach: The Contrarian Investor's Guide to Profiting from Out-Of-Favor, Distressed and Bankrupt Companies

i looked long and hard to find this book and it was worth the time and effort. it is simply written, as many investment books are not, and it segues into the different areas a value/contrarian is concerned about. most books dwell on a particular aspect of investing-low p/e, value, bankruptcy etc. to the exclusion of the others. this book brings all these areas together and discusses them cohesively in a meaningful manner. the author does much of the leg work: ie. providing a bankruptcy prediction model by a noted professor. to look back at the list of bankrupt companies of the 80's was an eye opener to how lucrative this type of investing could be. an excellent, clear, meaningful book. i recommend it highly!