CONTRARIAN PLAY
To harness volatility and make it a source of profits, I make it a habit to ignore my desire to be part of a crowd (groupthink/fomo).
After a stock suffers a bust, nobody wants to buy it. The lack of buyers means stock prices get very cheap.
I’ll have little competition to buy hidden gems.
The headlines will be terrible. If I tell the average guy what I'm buying, he’ll look at me like I am crazy. These are all signs that I'm doing the right thing.
Buying cheap, hated stock/s is a lonely endeavor… but it’s extremely rewarding!
- everybody.goes.to.school
-300.million.chinese.students (and growing) -
- 12.licenses -
- Tiger.Moms -
Keep in mind that China has removed the limit on the number of children in families, it will shoot in 5-7 years and update its maximum...Buy for almost nothing.
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