Contrarianism

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Smith1776
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Contrarianism

Post by Smith1776 »

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. ^-^ ^-^ ^-^ ^-^ ^-^ ^-^ ^-^ ^-^ ^-^ ^-^
You can never have too much money, ammo, or RAM.
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dualstow
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Re: Contrarianism

Post by dualstow »

I only needed to see the title. O0 Yes.
Abd here you stand no taller than the grass sees
And should you really chase so hard /The truth of sport plays rings around you
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dualstow
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Re: Contrarianism

Post by dualstow »

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

search.php?keywords=costanza
Abd here you stand no taller than the grass sees
And should you really chase so hard /The truth of sport plays rings around you
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Smith1776
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Re: Contrarianism

Post by Smith1776 »

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. ^-^
You can never have too much money, ammo, or RAM.
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boglerdude
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Re: Contrarianism

Post by boglerdude »

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 »

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.
You can never have too much money, ammo, or RAM.
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Datura
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Re: Contrarianism

Post by Datura »

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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