Finding Value in an Inefficient Market
The Less Sophisticated and Less Efficient Private Equity Secondary Market Presents an Interesting Opportunity for Equity Traders
If history is an indicator, the best investments are made in the periods of market lows and economic pressure. This is particularly true with equities, where buying shares in high-value companies when valuations are lowest provides opportunity for maximum potential returns.
Take for instance the financial crisis of 2008. At the bottom of the market, the investors who took large equity stakes in quality public companies at low entry points achieved outsized returns when the market recovered… Read Full Article