Investor pete specializes in obtaining properties from investors in financial difficulty, what investment strategy does pete practice?

1. Arbitrage

2. Special situation

3. Opportunistic

4. Development

Answer: (3) Opportunistic

Explanation:

The opportunistic is one of the type of investment strategy which practices the of obtaining various types of advantages and the properties from the investors at the time of financial difficulty.

According to the given question, the investor Pete is practicing the opportunistic investment strategy for the moment of time and it is the self motivation process. It is the process of sacrificing the ethical principles.

Therefore, Option (3) is correct.