The joy of contrarian investing
The moral courage to act ‘in opposition to the crowd’ when your judgement tells you are right
The moral courage to act ‘in opposition to the crowd’ when your judgement tells you are right
People are rationally (?) choosing not to, as they see it, waste their time and effort in exercising their judgment about the market
Doing what everybody else is doing at the moment, and therefore what you have an almost irresistible urge to do, is often the wrong thing to do at all
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