"Be fearful when others are greedy and greedy when others are fearful." This quote from Warren Buffe...
"Be fearful when others are greedy and greedy when others are fearful." This quote from Warren Buffett is over 50 years old but it is just as appropriate in today's market. The frustration for contrarian investors is that this strategy has been unrewarding of late. Momentum trends have continued. The themes of 2007 have continued into 2008. Resources and mining have performed well. Financials and consumer stocks have performed poorly. Parts of the UK market are, however, starting to look oversold again. Bear markets are generally punctuated by sharp bull corrections which may be short-liv...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
