The Art Of Contrarian Investing
"The environment is what it is. We can’t demand a more favourable set of market conditions. But we can control our response, turning more defensive or aggressive depending on the climate.” - Howard Marks-Co-Chairman and Co-Founder, Oaktree Capital Management LLP. It is a piece of great learning from a great teacher. This powerful statement should set the stone for investors in every decision to be, be it shopping for stocks or investing in some footwear. Our experiences in the markets have made one thing clear – super stocks or super themes that dominate the bull markets don’t last until the next one.