I would imagine that the first sign of the virus easing in its search for new victims will be when the market will try a reversal.
The market normally looks 12 months ahead & if you wait for proof that the market has turned, you will likely miss the first 30% of the rebound.
You do not have to pick the exact bottom to have a great investment, you only have to enter the market at a price that will be good value in looking to the future.
Geoff Willson looks forward to situations where great value is available when markets over-correct. This will definitely be one of those occasions.
All WAM group companies will be sitting on a large percentage of cash & they will lap up the bargains.
WMI Price at posting:
85.0¢ Sentiment: Buy Disclosure: Held
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