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  <title>A dragon in the basement</title>
  <description>In this series, Parul and Geoff will cover the complexities of stressed and distressed credit investing, the risks and rewards, the current opportunity and their history and experience in this area.&amp;amp;nbsp; In Part Two of this six-part series on investing in stressed and distressed debt, Geoff and Parul continue the conversation. They cover:&amp;amp;nbsp;  The opportunity set they are seeing and cyclicality.&amp;amp;nbsp; Overvalued and undervalued sectors.&amp;amp;nbsp; Where investing ideas come from.&amp;amp;nbsp; The Four Ps: Pre-investment, Purchase, Pro-active credit management, Position exit.&amp;amp;nbsp; The Team’s 13-Point Credit Checklist.&amp;amp;nbsp;  </description>
  <author_name>PenderFund</author_name>
  <author_url>http://www.penderfund.com/</author_url>
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