Black Swans and Contrarian Strategies in Portfolio Management

HAVE LIQUIDITY WHEN NO ONE ELSE DOES.

Source: Investor Place

Have you ever wondered why financial media is so good at making your palms sweat and second-guessing your investment decisions? Well, you're not alone. Allow me to explain; it's all about bias. It's about perceiving the media as an authority, which, in most newsrooms around the world, is far from accurate.

The truth is, if you heed the media's advice, you run the risk of losing money. So, what can you do to stay on course in an unpredictable market? Let me guide you through some contrarian strategies and the importance of a long-term vision in portfolio management.

The Impact of Media on Your Investment Decisions

Avoiding catchy headlines and breaking market news is no easy feat. The media is designed to capture your attention and hold it, but that doesn't mean they always provide the most accurate or useful information for long-term investors. In fact, in many cases, the media can exaggerate bad news, exacerbating market panic.

We've been warning about this for a lo…