C
Contrarian Investing
Profit where others panic.
Taking high-conviction positions against prevailing market sentiment — and understanding why crowd psychology creates the most asymmetric investment opportunities. Contrarian investing demands intellectual independence, patience, and a rigorous framework for knowing when the crowd is wrong.
27 lessons · ~4.3 hrs to complete
Learning Path
FreeSchool Principles
→FreeFoundational Lessons
→PractitionerPractitioner Lessons
→PractitionerAnalysis Frameworks
→PractitionerApplied Case Studies
→AdvancedAdvanced Lessons
→AdvancedDecision Systems
Show:All ContentSchool PrinciplesFoundational LessonsPractitioner LessonsAnalysis FrameworksApplied Case StudiesAdvanced LessonsDecision Systems
Foundational Lessons
FreeKey ideas, thinkers, and concepts — the essential vocabulary of this school.
Foundational Lessons8 min
Second-Level Thinking — The Foundation of Contrarian Investing
Howard Marks
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Foundational Lessons8 min
The Pendulum — Reading Market Psychology at the Extremes
Howard Marks
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Foundational Lessons8 min
Maximum Pessimism — The Point of Greatest Opportunity
John Templeton
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Foundational Lessons8 min
The Evidence for Contrarian Stock Selection — Dreman's Data
David Dreman
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Foundational Lessons8 min
The Courage of Conviction — Sustaining Contrarian Positions
Howard Marks
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Foundational Lessons7 min
Why the Consensus Is Usually Wrong at Extremes
Howard Marks
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Foundational Lessons7 min
The Patience Required to Be Contrarian
Howard Marks
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Foundational Lessons8 min
Risk in Contrarian Investing — Early vs. Wrong
Howard Marks
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