It’s an investing strategy that rewards patience, confidence, and rationality with high returns, and is the strategy that most of history’s world-class investors applied to earn their outsized gains.
It goes against human nature to stand out, to zig when others zag, and to be in the minority for your beliefs and choices. But that’s why contrarian investing is so profitable- if it were easy, everyone would be doing it.
Fortunately though, using this strategy successfully is more about discipline than it is about raw intelligence.
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