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The opening of this shiur, in David Tawil’s own words — taken from the captions, so names and Hebrew terms may be approximate.
tell me when you look at the municipal area you're in puerto rico you don't own any other municipal debt but you're keeping an eye on potential distressed situations what would make you go in what would be your entry point in some of these other areas very good question and very simple answer cheap dollar price is going to be one of the primary drivers for us so we're looking for a fair amount of upside in our investments our investments are usually long term in duration two years or so and we look for a 2x type of return over
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- 0:11tell me when you look at the municipal area you're in puerto rico you don't own…
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