Contrarianism

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Smith1776
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Contrarianism

Post by Smith1776 » Tue Sep 17, 2019 6:48 pm

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. ^-^ ^-^ ^-^ ^-^ ^-^ ^-^ ^-^ ^-^ ^-^ ^-^
For the money you can't afford to lose, why would you invest it in anything other than the PP? ???
Check out the Goldsmith PP: https://www.gyroscopicinvesting.com/forum/viewtopic.php?f=1&t=9613
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dualstow
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Re: Contrarianism

Post by dualstow » Tue Sep 17, 2019 8:05 pm

I only needed to see the title. O0 Yes.
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dualstow
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Re: Contrarianism

Post by dualstow » Tue Sep 17, 2019 8:07 pm

P.S. you got me curious, so i looked:

search.php?keywords=costanza
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Smith1776
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Re: Contrarianism

Post by Smith1776 » Tue Sep 17, 2019 9:08 pm

dualstow wrote:
Tue Sep 17, 2019 8:07 pm
P.S. you got me curious, so i looked:

search.php?keywords=costanza
MOVE OVER, Warren Buffett. I have NEW investment hero now. ^-^
For the money you can't afford to lose, why would you invest it in anything other than the PP? ???
Check out the Goldsmith PP: https://www.gyroscopicinvesting.com/forum/viewtopic.php?f=1&t=9613
boglerdude
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Re: Contrarianism

Post by boglerdude » Wed Sep 18, 2019 4:05 am

Value investors mocked the Facebook IPO, but it's outperformed?

https://www.businessinsider.com/faceboo ... ary-2018-5
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Smith1776
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Re: Contrarianism

Post by Smith1776 » Wed Sep 18, 2019 4:43 am

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.
For the money you can't afford to lose, why would you invest it in anything other than the PP? ???
Check out the Goldsmith PP: https://www.gyroscopicinvesting.com/forum/viewtopic.php?f=1&t=9613
Datura
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Re: Contrarianism

Post by Datura » Wed Sep 18, 2019 3:44 pm

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.
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