Investing lessons: Be a contrarian
Moneylife Digital Team 16 June 2011

It’s tough but rewarding

Warren Buffett said “Be fearful when others are greedy and be greedy when others are fearful.” Contrarian investors, like Warren Buffett, sell when others are buying and buy when others are selling. Decisions of common investors are usually dominated by greed. They become bullish when the market rallies strongly and they panic and get out when prices crash. This...

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