“When everyone else is buying you should be selling, and when everyone is selling you should be buying.”
That seems to be the most common perception of what “contrarian” investing means.
Over the years, this term seems to gain in popularity as we see it been bandied around by entrepreneurs like Elon Musk or Peter Thiel.
There is value to having a certain mindset that is geared towards being diametrically opposite of the typical thoughts that our biasness falls into.
But as we go through the standardized Singapore education system, the brain is used to conforming than being contrarian.
Like a muscle, it needs to be stretched and strengthened first.
Here I share 5 different ways to get started on having a contrarian investment mindset.
