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WFTBF - West Fraser Timber: Looking For Value In Times Of Crisis
West Fraser Timber Co Ltd
The Age of Wisdom or the Age of Foolishness
In the words of Dylan Grice of Calderwood Capital, it is a sad fact that some of the most anxious times to live in are some of the best times to invest. This is a milder version of the oft repeated contrarian investing mantra credited to Baron Rothschild.
The nose-dive in the stock markets since the onset of COVID-19 pandemic in February, has opened up many opportunities offering good value especially in cyclical sectors which have sold-off with a speed reminiscent of the Global Financial Crisis