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Friday, 04/12/2024 12:09:49 PM

Friday, April 12, 2024 12:09:49 PM

Post# of 7436
Added this morning. 😊

Taking a WB approach. This will take some time to play out. And the old adage, patience is a virtue.

Contrarian investing is a strategy of going against prevailing market trends or sentiment.

The idea is that markets are subject to herding behavior augmented by fear and greed, making markets periodically over- and under-priced.

"Be fearful when others are greedy, and greedy when others are fearful," said Warren Buffett, a phrase that encapsulates the contrarian philosophy.

Historically, market panics can be a great chance for low-priced investments.

Being a contrarian can be rewarding, but it is often a risky strategy that may take a long period of time to pay off.
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