When market values shrink significantly, the opportunities to own quality investments at low prices "comes out of the woodwork". Many portfolio managers (PM) know that that is the time to pick up long-term bargains. But will they do it?
Margin of Safety - This means owning a security way under the current market’s price. For example, if you own Apple at $20 and the price drops down $30 from $141, you are still very far ahead.
