“Risk of ‘financial accident’ presents opportunity for investors, strategist says”
August 23, 2022
“The growing risk of a “major financial accident” that causes a market capitulation later in the year could open up opportunities for investors to “pile up on quality risk assets,” according to Beat Wittman, chairman and partner at Zurich-based Porta Advisors…
He said there is a danger that a “weak link” in the financial system breaks and investors flee en masse, providing investable bottoms for shrewd investors.…
When people panic and leave in mass numbers that’s when you, the smart investor, want to buy into the market; right after the crash.