Qurate Retail: I Am Buying The Heavily Discounted Preferreds

The fixed-income universe has been materially disrupted over the last few months, and Qurate Retail's (NASDAQ: QRTEA ) 8.0% Series A Cumulative Preferreds (NASDAQ: QRTEP ) have seen their value dip by 31% from their 52-week-high. The preferredsThe equity market is a powerful mechanism as daily fluctuations in price get aggregated to incredible wealth creation or destruction over the long term. Pacifica Yield aims to pursue long-term wealth creation with a focus on undervalued yet high-growth companies, high ...