The Next Great Depression or the Next Value Opportunity?

This Pzena Investment Management, LLC (“Pzena”) podcast is a historical recording and is intended solely for informational purposes. The views expressed reflect the views of Pzena Investment Management (“PIM”) as of the date recorded and are subject to change. Neither the speaker nor PIM undertake to advise you of any changes in the views expressed therein. There is no guarantee that any projection, forecast, or opinion in this material has been or will be realized. Past performance is not indicative of future results. All investments involve risk, including risk of total loss.

April 17, 2020

Our CEO and co-CIO Rich Pzena recently sat down with our President Bill Lipsey for their second “fireside chat” since the outbreak of the COVID-19 crisis. The conversation focused on where we see the most significant investment opportunities and how we are assessing companies’ abilities to get to the other side of this crisis intact, touching on the history of extreme market volatility as a long-term investment signal.

We hope you find their discussion insightful.

The Next Great Depression or the Next Value Opportunity?