4.6 • 658 Ratings
🗓️ 19 May 2023
⏱️ 83 minutes
🧾️ Download transcript
David Breazzano joins us to talk about the 2023 banking crisis and high yielding debt. Most people were surprised by the recent banking crisis, but not everyone. Listen to this great episode with David Breazzano about how he is investing in high yielding debt and the great opportunities that are right under your nose.
We discuss asset classes that most investors don't even think about and why this is exactly why you can find enormous opportunities. Join us this week for a dive in the Wall Street shark tank to locate opportunities that you have overlooked in high yielding debt.
For more information, visit the show notes at https://moneytreepodcast.com/2023-banking-crisis-high-yielding-debt-dave-breazzano
Today's Panelists:
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0:00.0 | Welcome to the Money Tree Investing Podcast. |
0:04.8 | Stock market, wealth, personal finance, value stocks, invest in your life. |
0:11.5 | Hello, Smart Money Tree Podcast listeners. |
0:13.3 | Welcome to this week's show. |
0:14.2 | My name's Kirk Chisholm and I'll be your host. |
0:16.2 | So today I'm joined with Dave Brazzano. |
0:18.5 | How you doing today, Dave? |
0:19.7 | Good. |
0:20.4 | How are you, Kurt? Good. We brought Dave on because, |
0:23.0 | you know, we're really talking about a topic which I think most people find boring, but I think over the next |
0:28.2 | few years is going to be a really exciting topic. And so we wanted to kind of dive in. As you know, |
0:33.2 | we like to be ahead of the curve. So we're trying to get here way ahead of the curve. So, Dave, why don't you tell us a bit about your background? I started a firm called DDJ Capital Management |
0:42.5 | back in 1996. Prior to starting that firm, I was portfolio manager at Fidelity Investments, |
0:49.9 | where I ran the Capital and Income Mutual Fund and co-managed their distressed investment operation. |
0:56.1 | And before that, I was at Tiro Price and a couple other organizations. But for the bulk of my career, |
1:01.1 | I was managing boutique investment firm called DDJ, which was acquired by Poland Capital a little |
1:08.6 | over a year ago. So we're renamed now Poland Capital Credit. |
1:12.9 | But our focus has always been on the high yield market, including bonds, loans, |
1:20.1 | public and private credit situations, anything associated in the lower tier of the credit markets. |
1:28.3 | I think most people know what bonds are. |
1:30.1 | They don't certainly our expert Barbarapedia will let us know. |
1:33.7 | But for the most part, you also mentioned loans and lower tier. |
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