Howard Marks: Contrarianism – Leaning Against The Excesses Of Investor Psychology
During his recent interview with SJP, Howard Marks explained why it’s important to lean against the excesses of investor psychology to be a successful investor.
But in the market investors go from flawless to hopeless, flawless to hopeless.
Contrarianism, leaning against the excesses of psychology is an important part of what we do.