ENT 71: Coronavirus Business Impacts and How They Effect You
Feb 20, 2020 • E71 • 00:12:30
There is a lot of crisis’s that go on each day. Some are larger than others, like the recent coronavirus. This affects you as an investor because people begin to sell like crazy over the news and not fundamentals, which creates a lot of discounts.
I find times, when there is a crisis going on, are good times to spot weaknesses and help people as well.
When a crisis arises like a coronavirus, we have the opportunity to spot weaknesses in sectors such as the medical sector, and a lot of the market overreacts, thus spurring opportunities to grow.
Look at SPCE, a company that is massively affected by the news.
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