Amidst the COVID-19 pandemic and the ensuing chaos in the markets, hundreds of companies' equity share prices are trading at irrational levels. This is largely the result of institutional fund deleveraging, forced liquidity amidst redemptions, and an event-catalyzed fundamental correction in multiples from the peak of a decade-plus bull market as investors begin to price in the prospect of an economic "sudden stop."
Good times are over when it comes to global equity markets. Despite the fear and uncertainty that is creating the market overhang we are facing today, there are many interesting opportunities that