For George Capozzi, Partner and Portfolio Manager of the Hayborough Opportunities Fund, the indiscriminate selling isn’t a cause for panic, but instead an opportunity.
“There’s been a lot of really good businesses that have actually reported really well, but the market’s thrown them out with the rest of the market.”
From AI-driven tech re-ratings to industrials being penalised for investing in their own growth and macro fears around interest rates, Capozzi believes investors are reacting to short-term signals rather than looking through to the underlying fundamentals.
That disconnect has been creating opportunities and Capozzi has been methodically buying into the weakness.
