Buying stocks in your happy zone
If I have to bite at stuff that is out of my happy zone, I’m not a .334 hitter
contrarian thinking
A time of maximum pessimism
So we search for those things that other people are selling and then if the problem or adverse outlook is temporary we buy them and hold them patiently for years until the public changes its mind.
The joy of contrarian investing
The moral courage to act ‘in opposition to the crowd’ when your judgement tells you are right
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