MatisseCap's Boughton: Discounts are at record levels, buys are everywhere

In this bonus edition of The NAVigator, Eric Boughton, portfolio manager at Matisse Capital discusses how the current market turmoil has pushed discounts to levels even greater than seen in the financial crisis of 2008, and while he expects some dividend cuts, he does not think any distribution reductions should discourage investors. 'Nearly everything is a buy,' Boughton says, though he notes that investors will need a strong stomach for risk to consider the hardest-hit areas of the market.