The Contrarian Investor's Thirteen focuses on the basics of how people can improve their financial returns by themselves, reducing their dependence of costly brokers and advisors.
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2 of 2 people found the following review helpful:
4.0 out of 5 stars
Thirteen (13) Points That Could Improve Your Returns,
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This review is from: Contrarian Investor 13: How to Earn Superior Returns in the Stockmarket (Paperback)
Though out of print, a worthy addition to your collection that could improve your returns going forward. As the author Benj Gallander describes, the book is a work in progress and illustrates the techniques and process to the methods used by the "The Contra Guys" of Contra The Heard. As such and as written in 2002, I surmise the some of the thirteen (13) may have been tweaked a little since then. In general, a little of Benjamin Graham, Philip Fisher, very small stocks, and a few individual ideas of their own.
1) Prepare To Think Differently 2) Recognize That Conventional Risk-Reward Relationships Are Often Bogus 3) Diversify, But Beware The Devil Of Over-diversification 4) Don't Expect Mutual Funds To Perform As Well As Stock Market Averages 5) Do Not Practice Dollar Cost Averaging (maybe tweaked as they appear to average down on occasion) 6) Be Skeptical Of the Tried And True 7) Never Use Stop Losses 8) Look To Hit Home Runs In The Stock Market 9) Search For Beautiful Black Swans 10) Develop The Ten-Day Buy 11) Practice Patience 12) Make Numbers Your Friends 13) Calculate Your Results
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