Tag: contraian
Where Angels fear to tread
One thing I’ve learnt over time is that whether it’s short term trading on Betfair or long term investing in financial markets being a contrarian seems to be a very, very effective strategy.
Why does contrarian behaviour work?
Over the years I’ve spent a lot of time looking at psychology and its impact on decision-making and it’s proved a fascinating subject. I’ve immersed myself in as much material as I can find, all in the quest of really trying to …
Always be a contrarian
I chortled with much merriment yesterday when I saw the story about how people were saying the lottery was ‘fixed’.
Twitter filled up with disgust that five numbers on the draw yesterday netted the life changing sum of just £15. But as per normal, people blamed their own issues on somebody else. Because things didn’t work out the way they wanted, it must be somebody else’s fault. It couldn’t possibly be down to them.
Flawed thinking
The fact is that …
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