(Ep.28) The Acquirers Podcast: Thomas Braziel – Priority Position, Activism, Bankruptcy, And Off-The-Run Securities | Value Investing News

(Ep.28) The Acquirers Podcast: Thomas Braziel – Priority Position, Activism, Bankruptcy, And Off-The-Run Securities

  • I don’t know that much about, at the time I didn’t know as much as I do now about distress in bankruptcy and how things work.
  • Thomas Braziel: In one trade that we’re working on, and I can’t talk too much about it, but basically what we do is when we’re buying bankruptcy claims in this one docket, we’re basically buying something where if crypto goes to zero, we’re okay with IRR because of the state has other recoveries and the bankruptcies.
  • I was like, ‘I don’t know why the guys would buy this stuff?’ That work in bankruptcy, trade claims.
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