Am I A Contrarian?
I guess I never really thought about it that much to be honest with you. As most of you who have been following along regularly know, I’ve really been enjoying the College Analysts. While reading this article, which could be summed up as chocked full of contrarian opportunities, I found myself salivating profusely. Really. Ask my dog.
So, if finding a stock, beat down and struggling in a choke hold peaks my interest many degrees more than one that is all lime-lit that thunders along from all the back slaps and high fives does, then that might seem to indicate that I am, after all, a bit of a contrarian.
If when describing “value”, the going price of a stock whose assets, earnings, potential for growth and an array of other things holds more of that said value when its price is depressed for either no good reason or at least not a good enough one, then that too might seem to indicate that I am.
If I hold an aversion for stocks doing well (often even for good reason) just because they’re doing well, because the likelihood of, after having done so well, my being able to buy a greater share of assets, earnings, potential for growth and so on is so far reduced, i.e., I’d be buying all hype and speculation about stock price movement and far less company, then that too, would after all, seem to indicate that I am quite contrarian. Mary.
Maybe all this explains why, after so many of my purchases, Motley Fool writes an article about what I just bought. I wonder if I could start charging them. Ok not really. Anyways, I better be off to look for more dogs; and I better control all my drooling before my dog thinks I’m one.