Turnaround Investing

This blog was heavily influenced by Peter Lynch’s types of stock: slow growers, fast growers, stalwarts, cyclicals, turnarounds, and asset plays. Other blogs have carved niches in this classification: Greenbackd and Old School Value becoming the sites for assets plays, Wide Moat Investing is doing a fine job with growth with a moat investing, and there are plenty of dividend investment sites analyzing slow growers and stalwarts.

However, there was no special attention to cyclicals and turnarounds: two types of opportunities that I am very fond of but that are complex and time intensive. Cyclicals were my first investment successes. And turnarounds? I think it is interesting the perspective of someone that survived several of them to tell the tale.