The Upside of Current Market Turbulence

FORTUNE -- Liquidity shocks, like the one currently cascading through global financial markets, are unpleasant, and frustrating. They can be indiscriminate in their impact, as is the case today. They are hard to explain rationally and, as such, can become incapacitating. Yet, they often create interesting opportunities for those that understand the underlying dynamics and know where to look.