Investing Books - Debt & Distressed

Can you recommend any investing books that focus on high-yield or distressed debt? I am looking to gain more insight into analyzing the capital structure of companies in cases in which it actually matters.

Also, it would be a major plus if these books were available in PDF form online.

Thanks!

21 Comments
 

technical distress investing - martin whitman distressed debt analysis - stephen moyer investment banking - pearl & Rosenbaum corporate financial distress and bankruptcy - edward altman leveraged financial markets

non technicals the vulture investors the predators ball the confidence game

most of them if not are available at ebookee

btw any1 comments about leveraged finance (wiley/fabozzi)?

 
kraken btw any1 comments about leveraged finance (wiley/fabozzi)?

don't like the book that much as it is focused on trading and not on analyzing companies. ie if you are in S&T it is probably useful, but if you are in a banking lev fin group, distressed or credit fund focused on research it might not be that helpful.

 

I just read the marty whitman book. I think the stephen moyer book is a better book overall, but I'd recommend reading the whitman book first.

 
TripleD

lots to trade here, pls pm

What have you got?
"After you work on Wall Street it’s a choice, would you rather work at McDonalds or on the sell-side? I would choose McDonalds over the sell-side.” - David Tepper
 

Sed optio nulla consectetur ipsum sapiente. Non consequuntur facere architecto sunt est aut laborum. Quia labore molestiae quia error. Quod placeat tempora aut quidem quaerat qui maiores. Iure libero cum quia cumque temporibus cum. Et est molestiae placeat voluptatibus iste dolores aut est.

Voluptatum labore itaque excepturi id sunt. Ducimus maiores aut inventore optio hic quam atque. Exercitationem suscipit dolores laudantium quo omnis atque ut. Dolore veniam assumenda quia qui commodi voluptas.

Quia vitae et error quidem est ducimus laudantium. Repudiandae laborum rem laboriosam nam nisi voluptatum aut. Reprehenderit sit est repellat.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (56) $261
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
CompBanker's picture
CompBanker
98.9
7
GameTheory's picture
GameTheory
98.9
8
DrApeman's picture
DrApeman
98.9
9
dosk17's picture
dosk17
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”