In his book – No Bull: My Life In and Out of Markets, Michael Steinhardt explains how he profited from developing a variant perception. Here’s an excerpt from the book: During this period, I began to consciously articulate the virtue of using variant perception as an analytic tool. I defined variant … Read More
Michael Steinhardt – Being Contrarian Is Not Enough. You Have To Be Right!
Michael Steinhardt is an investing legend. His fund, Steinhardt Partners had an impressive track record that amassed 24% compound average annual returns for a 28-year period. He focused on a macro asset allocation strategy that included stocks, bonds, options, and currencies. His investing strategy was best summarized by his six golden … Read More