Introduction to The Turnaround
Letter
The Turnaround Letter is a monthly newsletter that focuses on distressed and turnaround investing. Published since 1986, The Turnaround Letter is one of the longest standing and most successful newsletters on the market today. "Turnaround investing" has become an industry buzzword as of late but George Putnam and The Turnaround Letter pioneered this concept over 20 years ago and has been successfully practicing it ever since. Mr. Putnam is one of the nation's leading experts on bankruptcies and turnaround investing and his keen insight has resulted in The Turnaround Letter being ranked as the second best investment newsletter over the last 20 years, according to Hulbert Interactive's Stock, Fund & Newsletter Screener, a feature of MarketWatch.com that monitors the stock recommendations of 181 investment newsletters.
Our approach is simple. We avoid the
"blue chips" and "hot" stocks that most investors are stampeding
into. Instead, we search out companies that have had some problems
and are temporarily out-of-favor, but are in the process of turning
around. These stocks seem like laggards when we first identify them,
but as the turnaround becomes more evident, Wall Street will jump
into the stock and push the price up - often dramatically.
The Publisher
A graduate of both Harvard Law School
and Harvard Business School, Mr. Putnam first became involved with
distressed securities as a lawyer in the late 1970s. Seeing the
inefficient niche that bankruptcies and turnarounds presented, he
founded New Generation Research and began publishing "The Turnaround
Letter" in 1986.
Learn more
about
George
Putnam, III