"The chairman of listed stock market investor Wilson Investment Fund Ltd says the current market climate will provide the biggest buying opportunity in his lifetime.
Chairman Geoff Wilson on Wednesday told shareholders at the group's annual general meeting that Australia is 12 months into a bear market, in which stock prices and indices fall.
"Investors are filled with fear," he said.
"In the stock market, extreme emotions provide opportunities.
"I believe the current period will provide the greatest buying opportunity in my lifetime."
Mr Wilson said that as at October 31, the value of Wilson Investment Fund's portfolio was $79.89 million.
BBI Price at posting:
5.1¢ Sentiment: ST Buy Disclosure: Held
