Scott Burg, CIO and managing partner at Deer Park Road, is among the most seasoned and disciplined investors in the structured credit space who joins Real Vision managing editor Ed Harrison for a conversation to break down the complex financial market within fixed income investing. Following the Global Financial Crisis (GFC), structured credit has carried a stigma among certain investors of being unduly risky. There have since been significant regulatory and other changes to the structured credit asset class that have helped improve investor protection and rendered the market more attractive. Filmed April 13, 2020. Key Learnings: In the age of Covid-19, Burg is bullish on structured products like residential real estate, aircrafts and franchises. Elsewhere though, there are problems, particularly in commercial real estate where Wall Street never skipped a beat in pumping out product post-GFC and where lending standards were loose, especially after 2012. The result is a plethora of opportunities on both the long and short side due to motivated pension fund and bank sellers. In the coming months and years, there is expected to be more opportunities, due to likely distress in hotels, office and retail.