Fear-driven selloffs in the market are powerful phenomena, but, as the author of today’s article notes, “for those who can tune out the fearful noise and focus on the fundamentals of beaten down, high-quality companies, great returns can be at hand.” He proceeds to highlight what he sees as an irrational selloff in process right now – and which may present an opportunity. Specifically, this is the selloff among asset managers, where many of the most well-known names are down double digits from their 52-week highs. For more, CLICK HERE.
Bargain Hunting Among Beaten-Down Asset Managers
- by Bob Mitchell