To beat the market, you must be brave enough, independent enough, and strange enough to stray from the crowd.
– from Richer, Wiser, Happier book by William Green
Tag: Quotes on Value Investing
It seems to be hard-wired into …
It seems to be hard-wired into most people’s psyches to become more optimistic and risk-tolerant when things are going well, and then more worried and risk-averse when things turn downward. That means they’re most willing to buy when they should be most cautious, and most reluctant to buy when they should be most aggressive. Superior investors recognize this and strive to behave as contrarians.
– from Mastering the Market Cycle book by Howard Marks