Definition
Buying, or seeking opportunities to buy, investment securities or other valuable properties at a time when markets are depressed and prices are low.
In Context
- "So should you put a few bucks into commodities while they're dirt cheap? . . . Because of their low correlations with stocks and bonds, you may want to consider bottom-fishing in futures now, either to speculate on an upswing or insulate the rest of your portfolio against any downturns."
- "Bottom fishing for bargains in the stocks of distressed companies is a surprisingly popular sport."
- "“Bottom fishing during and after financial crises is nothing new,” says Jerry Haar, a professor at the business school of Florida International University."
- "But the activity was concentrated to a few days with active traders swooping in when the stock hit its 52-week low, leading to speculation the investors were largely bottom fishing."