Contrarianism. It's the quality that is often touted as being necessary for being a successful investor. The ability to detach yourself from the crowd temperamentally and do the opposite of what one's instincts and emotions are telling them to do.
This is a quality that almost every investor enunciates and pays lip service to, but seldom follows through with.
Ladies and gents of the forum, I present to you the ultimate paragon of this self-discipline and control.
I have found THE ULTIMATE intelligent investor:
https://youtu.be/SclV-UWM4Gw
Watch the whole thing (it's short), and enjoy.
Contrarianism
Moderator: Global Moderator
Contrarianism
MB
Ruby on Rails rules all
www.allterraininvesting.com
Ruby on Rails rules all
www.allterraininvesting.com
- dualstow
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Re: Contrarianism
I only needed to see the title. Yes.
Re: Contrarianism
MOVE OVER, Warren Buffett. I have NEW investment hero now.dualstow wrote: ↑Tue Sep 17, 2019 8:07 pm P.S. you got me curious, so i looked:
search.php?keywords=costanza
MB
Ruby on Rails rules all
www.allterraininvesting.com
Ruby on Rails rules all
www.allterraininvesting.com
-
- Executive Member
- Posts: 1317
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- Contact:
Re: Contrarianism
Value investors mocked the Facebook IPO, but it's outperformed?
https://www.businessinsider.com/faceboo ... ary-2018-5
https://www.businessinsider.com/faceboo ... ary-2018-5
Re: Contrarianism
Facebook is therefore a "Costanza Stock".
I'm officially coining that term on this forum.
While I'm at it I think I'm going to start building up my Costanza Wallet by packing it with my gold bullion.
I'm officially coining that term on this forum.
While I'm at it I think I'm going to start building up my Costanza Wallet by packing it with my gold bullion.
MB
Ruby on Rails rules all
www.allterraininvesting.com
Ruby on Rails rules all
www.allterraininvesting.com
Re: Contrarianism
If you think about it, value investing is only possibly if everyone else is wrong but you are right. It's like contrarianism is the simplified superstitious version of expert value investing.