David Swensen, “There are some really extraordinary opportunities in the credit world”

By on January 3, 2009

David Swensen, author and manager of Yale’s endowment, see unusual opportunities in distressed debt. Mr. Swensen states, “Everything, from bank loans to investment-grade bonds to less-than-investment grade bonds, is priced at really extraordinarily cheap levels.”

Source:

http://www.bloomberg.com/apps/news?pid=20601087&sid=ab08HlxLZ5FY
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One Comment

  1. Anonymous

    January 3, 2009 at 4:57 pm

    He’s a permabull on the “distressed” assets, always.

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