About the Author

Maurece Schiller (1901-1994) began his Wall Street career in 1922, rising to the position of Director of Research at Newburger Loeb & Co., a firm primarily serving individual clients. In 1955, he published the first known book on special situations investing as a field beyond distressed debt, reorganizations and arbitrage, and published four more through 1966. He attended Dartmouth and lived in Larchmont, New York, and Santa Barbara, California.