When uncertainty is high in an industry, and you’re a bit of a contrarian, there’s a natural temptation to gravitate to the industry’s largest, most dominant companies. It takes a contrarian mindset to focus on industries where uncertainty and fear are driving volatility higher – because in those situations most growth-oriented investors are certainly looking […]
Read MoreOver the last couple of months, one of the most-talked-about sectors of the economy has been the Financial sector, with a specific emphasis on the Banking industry. From early in 2020 until the beginning of 2022, the sector was one of the biggest stars of the market. As interest rates have increased this year, however, […]
Read MoreOne of the core principles about technical analysis that was drilled into my head early in my investing career is that “the market is always right.” It’s one of those idioms that is good as a sound bite. It’s also useful in building a disciplined investing mindset, because it’s designed to disconnect a person’s bias […]
Read MoreA big piece of successful value investing involves the ability to identify useful “targets of opportunity.” That’s something that isn’t altogether easy, but it can be done in a few different ways. One of the ways is to work from top to bottom. Rather than sifting through thousands of individual stocks, that means starting at […]
Read MoreOne of the core principles about technical analysis that was drilled into my head early in my investing career is that “the market is always right.” It’s one of those idioms that is good as a sound bite. It’s also useful in building a disciplined investing mindset, because it’s designed to disconnect a person’s bias […]
Read MoreThroughout history, bank failures have been a regular occurrence. From the Panic of 1837 to the financial crash of 2008, banks have failed for myriad reasons ranging from individual miscalculations to macroeconomic instability. In the 19th century, bank failures were caused primarily by overexpansion and speculation. For example, when New York City banks loaned money […]
Read More