Bottom fishing
Encyclopedia
Bottom fishing, called legering in the United Kingdom
, is fishing
the bottom of a body of water.
A common rig for fishing on the bottom is a weight tied to the end of the line
, and a hook
about an inch up line from the weight. The method can be used both with hand lines and rod fishing
.
The weight can also be used to cast
or throw the line to an appropriate distance. Bottom fishing can be done both from boats
and from the land
.
Bottom fishing targets groundfish
such as sucker fish
, bream, catfish
, and crappie
. Specialized fishing rod
s called "donkas" are also commonly used for bottom fishing.
In Share Market terminology, Bottom fishing is simply buying the cheapest investments (in terms of valuation ratios) available. Bottom fishing is value investing concentrated on the very cheapest companies. The term can be derogatory as it can imply a lack of attention to the quality of the investments selected.
United Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...
, is fishing
Fishing
Fishing is the activity of trying to catch wild fish. Fish are normally caught in the wild. Techniques for catching fish include hand gathering, spearing, netting, angling and trapping....
the bottom of a body of water.
A common rig for fishing on the bottom is a weight tied to the end of the line
Fishing line
A fishing line is a cord used or made for angling. Important parameters of a fishing line are its length, material, and weight...
, and a hook
Fish hook
A fish hook is a device for catching fish either by impaling them in the mouth or, more rarely, by snagging the body of the fish. Fish hooks have been employed for centuries by fishermen to catch fresh and saltwater fish. In 2005, the fish hook was chosen by Forbes as one of the top twenty tools...
about an inch up line from the weight. The method can be used both with hand lines and rod fishing
Fishing rod
A fishing rod or a fishing pole is a tool used to catch fish, usually in conjunction with the pastime of angling, and can also be used in competition casting. . A length of fishing line is attached to a long, flexible rod or pole: one end terminates in a hook for catching the fish...
.
The weight can also be used to cast
Casting (fishing)
In angling, casting is the act of throwing bait or a lure using a fishing line out over the water using a flexible fishing rod. The usual technique is for the angler to quickly flick the rod from behind toward the water...
or throw the line to an appropriate distance. Bottom fishing can be done both from boats
Recreational boat fishing
Recreational fishermen usually fish either from a boat or from a shoreline or river bank. When fishing from a boat, or fishing vessel, pretty much any fishing technique can be used, from nets to fish traps, but some form of angling is by far the most common...
and from the land
Surf fishing
Surf fishing is the sport of catching fish standing on the shoreline or wading in the surf. A general term, surf fishing may or may not include casting a lure or bait, and refers to all types of shore fishing - from sandy and rocky beaches, rock jetties, or even fishing piers...
.
Bottom fishing targets groundfish
Groundfish
Groundfish are fish that live on, in, or near the bottom of the body of water they inhabit. Some typical saltwater groundfish species are sole, flounder, and halibut....
such as sucker fish
Catostomidae
Catostomidae is the sucker family of the order Cypriniformes. There are 80 species in this family of freshwater fishes. Catostomidae are found in North America, east central China, and eastern Siberia...
, bream, catfish
Catfish
Catfishes are a diverse group of ray-finned fish. Named for their prominent barbels, which resemble a cat's whiskers, catfish range in size and behavior from the heaviest and longest, the Mekong giant catfish from Southeast Asia and the second longest, the wels catfish of Eurasia, to detritivores...
, and crappie
Crappie
Crappie is a genus of freshwater fish in the sunfish family of order Perciformes. The type species is P. annularis, the white crappie...
. Specialized fishing rod
Fishing rod
A fishing rod or a fishing pole is a tool used to catch fish, usually in conjunction with the pastime of angling, and can also be used in competition casting. . A length of fishing line is attached to a long, flexible rod or pole: one end terminates in a hook for catching the fish...
s called "donkas" are also commonly used for bottom fishing.
In Share Market terminology, Bottom fishing is simply buying the cheapest investments (in terms of valuation ratios) available. Bottom fishing is value investing concentrated on the very cheapest companies. The term can be derogatory as it can imply a lack of attention to the quality of the investments selected.