Contrarianism

[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.

[dualstow]

I only needed to see the title. Yes.

[dualstow]

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

search.php?keywords=costanza

[Smith1776]

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

search.php?keywords=costanza

MOVE OVER, Warren Buffett. I have NEW investment hero now.

[boglerdude]

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

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

[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.

[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.