For some, like Mark Travis of Intrepid Capital Funds, the market volatility surrounding the Brexit vote provided more opportunity than it did angst.
"My standard response was, 'If it gets ugly, it'll give me an opportunity to put some money to work,'" Travis told ThinkAdvisor. "It got ugly, and it gave me an opportunity to put some money to work."
Travis, who co-founded Intrepid, is the lead portfolio manager of the Intrepid Capital Fund (ICMBX).
Travis currently holds a couple companies that have British exposure.
One is Royal Mail Group (RMG), a privatized mail business that also has real estate in the central business district in London. According to Travis, it pays about a 4.5% dividend and has "very little" debt.
Last week, thanks to some volatility, he was able to buy more RMG stock.
"It's worth about 600 pence and it traded for 480," he said, adding, "I feel like I got high-quality land in central London that's not valued properly."
The other company with British exposure that Travis currently holds is Cubic Corp (CUB). Cubic runs the subway ticketing systems in London, New York, Chicago and Vancouver.
"The business is about billion and one market cap. Not much debt. Pretty consistent business," Travis said.
Travis openly admits his conviction to invest in volatile markets.