Fortunes in Special Situations in the Stock Market

Fortunes in Special Situations in the Stock Market is a definitive guide to special situation investing, written by Maurece Schiller, investor of special situations investing for obtaining nearly riskless stock profits. Explained as corporate event-driven opportunities, the author describes three defining characteristics for these situations – Return on investment depending on a corporate act such as a merger, takeover, and liquidation, Return on investment with something approaching mathematical certainty, and Security must be undervalued. Fortunes in Special Situations in the Stock Market describes that the essence of special situation investing is curiosity and the willingness to look beyond stock screens and turn over rocks, and pull on loose threads.