For Value-Investors, Covid-19 Unleashes New Season Of Wealth Creation, Transfer On NGSE
The global pandemic, Coronavirus now popularly referred to as Covid-19, has virtually afflicted many stock markets and devastated economies across the globe, whether developed or developing. However, this Covid-19 driven bear market has provided new opportunities for value investing among intelligent investors, which is as old as the stock market. Value investors look for juicy margins of safety in equity investment as a result of which they seek to buy value, while at the same time protecting their capital by avoiding poor decisions and market downturns. In summary, this is a situation when a stock is worth much more than its market value. Before the onset of this ravaging virus, the global markets carried a positive momentum into the New Year, amidst trade tensions between the world’s two largest economies- the U.S and China, a situation that had dominated market trends for most of 2019, and eased, following the signing of phase one trade deal by both parties. This was, nonet...