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Subject: Contrarianism - В чем суть? invest. Contrarianism is a well-established investment strategy. “Be fearful when others are greedy, and greedy when others are fearful” is one of Warren Buffett’s favorite maxims. During the scariest hours of last year’s financial plunge, Buffett put lots of money where his mouth was, buying a significant equity position in Goldman Sachs that has already proven extremely lucrative. Of course, if it were easy to make such investment decisions, we would all be as rich as Buffett. Contrarians who made a big bet on Lehman Brothers in the summer of 2008 are now sleeping on friends’ couches. Sometimes the darkest hour is just before dawn, and other times it’s just before death.
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