how hard is it to learn distressed debt? my goal is to go to a distressed/special situations hedge fund, and i'm inright now. ER doesn't really prepare you for this so i wanted to see what thoughts people had.
[let me preempt anyone who says it can't be done from ER. I realize it's harder than with other backgrounds but I think it's worth a shot to pursue.]
i'm guessing everyone will say read "distressed debt analysis," but what else can does everyone suggest?
what will interviews be like? is there anyone in this kind of shop who can comment on what it's like?