More Mortgage Meltdown by Whitney Tilson and Glenn Tongue

2009 December 7

More Mortgage Meltdown: 6 Ways to Profit in These Bad Times

Author: Whitney Tilson and Glenn Tongue
Hardcover: 306 pages
Publisher: Wiley; 1 edition (May 11, 2009)
Language: English
ISBN-10: 0470503408
ISBN-13: 978-0470503409
Product Dimensions: 9 x 6.4 x 1.1 inches

A clear look at how to capture investment profits during difficult financial times

The U.S. economy has become crippled by the credit and real estate catastrophe. Even though we’ve all been affected by the calamity and have heard no shortage of news about it, it still seems unfathomable and utterly incomprehensible to most people that the actions of certain mortgage brokers, bankers, ratings agencies, and investment banks could break the economic engine of the world.

Now, for the first time, and in terms everyone can grasp, noted analysts and value investing experts Whitney Tilson and Glenn Tongue explain not only how it happened, but shows that the tsunami of credit problems isn’t over. The second wave has yet to come. But if you know catastrophe is looming, you can sidestep the train wreck-and even profit. You just need to understand how bad times present opportunity and where to look. More Mortgage Meltdown can help you achieve this goal. The book

* Breaks down the complex mortgage products and rocket-science securities Wall Street created

* Addresses how to find investment opportunities within the rubble and position your portfolio to take advantage of the crisis

* Explains exactly how the combination of aggressive lending, government missteps, and Wall Street trading practices created the perfect economic storm

* Shows you why the crisis is not yet over and what we can expect going forward

More Mortgage Meltdown can help you understand the events that have unfolded, and put you in a better position to profit from the opportunities that arise during these tough financial times.

Accurate analysis of mortgage meltdown!
“I as a Value Investor have known Whitney Tilson for couple of years now. I was eagerly waiting for this book, not to read but to store a copy for my best of best collection, reason being Whitney was very generous in sharing this state of art work through his newsletter (weekly emails) way back in Feb 2008. He has shared his views on the mortgage crisis long before anyone I know thought about it. Even if very few talked, no one shared a 60+ page presentation to general public without fees. I was very lucky to steer clearly away from the mortgage meltdown just because of the forewarnings generated by Whitney’s email in Feb 2008. In this highly secretive hedge fund industry where manager’s left hand doesn’t know what his right hand is going to do, Whitney comes out as a selfless person who wants to give back to the society.”

A time-sensitive must read for any investment minded individual
“For those who naively subscribe to the consensus of denial that the worst is behind us, we ain’t seen nuthin’ yet.”
- T. Snider

Three books in one great package
“Whitney & Glenn were quick to understand the implications of the data they learned from Amherst Securities and unlike most people, they didn’t keep this valuable information to …”
- Marcelo P. Lima

Short-Sale Pre-Foreclosure Investing by Dwan Bent-Twyford and Sharon Restrepo
Practical Advice for New Real Estate Professionals by Frank Cook

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