While a lot has been written about the importance of going against the herd in order to be a successful investor, it’s important to remember what a couple of very successful investors and one finance professor had to say on the subject. A long time ago, famous value investor Philip … Read More
Templeton – It Is Impossible To Produce Superior Performance Unless You Do Something Different From The Majority
One of my favorite investing books is, The Little Book of Behavioral Investing – How Not To Be Your Own Worst Enemy, by James Montier. The book takes you through some of the most important behavioral challenges faced by investors. Montier reveals the most common psychological barriers, clearly showing how emotion, … Read More
Seth Klarman – Herd Mentality Creates Buying Opportunities For Contrarians – Margin of Safety
One of the investors we follow closely at The Acquirer’s Multiple is Seth Klarman. In his best selling book, Margin of Safety, Klarman provides some great insights into how herd mentality towards popular stocks creates buying opportunities for contrarian value investors. Here’s an excerpt from that book: Value investing by … Read More