James Morton of Cundill Recovery Fund

James Morton, a seasoned investment director at Cundill Investment Management, outlines his recovery fund's strategy amidst the ongoing financial crisis, focusing on identifying undervalued companies primarily in emerging markets. He discusses the challenges and opportunities in the current financial environment, emphasizing the importance of disciplined analysis and the increased availability of high-quality stocks at significant discounts. Morton highlights the potential for recovery in markets like China and Russia, despite recent downturns, suggesting a favorable positioning for future gains.