Volatility Can Create Great Opportunities
It's very difficult to generate attractive long-term capital appreciation if you try to protect against short-term market volatility, says Third Avenue Value's Ian Lapey.
It's very difficult to generate attractive long-term capital appreciation if you try to protect against short-term market volatility, says Third Avenue Value's Ian Lapey.
Bridget Hughes: Hi. My name is Bridget Hughes. I'm one of the fund analysts here at Morningstar. I am here today with Ian Lapey of the Third Avenue Value fund. He is one of the comanagers. Ian thanks for coming in and chatting with us today.
Ian Lapey: Thank you for inviting me, Bridget.
Bridget B. Hughes does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.