Thomas Wagner on Sports Investing With Tom Brady

Bloomberg Radio host Barry Ritholtz speaks with Thomas Wagner,
co-chairman and co-founder of Knighthead Capital Management LLC,
which has $10 billion in assets under management. He is a
co-investor, with Tom Brady, in several sports assets, including
a pickleball team, the English Football League's Birmingham City
club and an endurance auto racing team. Before founding
Knighthead Capital, Wagner was a managing director responsible
for running the distressed and high-yield credit trading desks at
Goldman Sachs & Co. Wagner began his career doing hedge fund
accounting at Ernst & Young; prior to joining Goldman in
2000, he was a high-yield trader and special-situations desk
analyst at Credit Suisse First Boston.


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