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Thursday, June 06, 2024 12:44:18 PM
However, people in the chat need to realize that contrarian investing does actually exist :) and its okay! No need to be rude or tell someone to GO AWAY just because they don't agree with you. It's the persons opinion. DEAL WITH IT.
Any who, the contrarians thrive on one principle. The Warren Buffet principle: "Be fearful when others are greedy, and greedy when others are fearful.” It is an investment strategy that involves going against prevailing market trends to potentially generate profits.
Most investors tend to follow the crowd. When everyone is bullish and buying, they buy too. When fear sets in and selling begins, they join the panic.
Remember, contrarian investing isn’t about blind rebellion; it’s about calculated divergence from the herd.
#Reacttothat haha GLTA :)
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