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Contrarian Investing
Contrarian Investing is an investment strategy that is characterized by purchasing and selling in contrast to the prevailing sentiment of the time. A contrarian believes that certain crowd behavior among investors can lead to exploitable mispricings in securities markets. For example, widespread pessimism about a stock can drive a price so low that it overstates the company's risks, and understates its prospects for returning to profitability. Identifying and purchasing such distressed stocks, and selling them after the company recovers, can lead to above-average gains. Conversely, widespread optimism can result in unjustifiably high valuations that will eventually lead to drops, when those high expectations do not pan out. Avoiding (or short-selling) investments in over-hyped investments reduces the risk of such drops. These general principles can apply whether the investment in question is an individual stock, an industry sector, or an entire market or any other asset class. S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Investment Strategy
In finance, an investment strategy is a set of rules, behaviors or procedures, designed to guide an investor's selection of an investment portfolio. Individuals have different profit objectives, and their individual skills make different tactics and strategies appropriate. Some choices involve a tradeoff between risk and return. Most investors fall somewhere in between, accepting some risk for the expectation of higher returns. Investors frequently pick investments to hedge themselves against inflation. During periods of high inflation investments such as shares tend to perform less well in real terms. Time horizon of investments. Investments such as shares should be invested into with the time frame of a minimum of 5 years in mind. It is recommended in finance a minimum of 6 months to 12 months expenses in a rainy-day current account, giving instant access before investing in riskier investments than an instant access account. It is also recommended no more than 90% of your money i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shortsightedness
Near-sightedness, also known as myopia and short-sightedness, is an eye disease where light focuses in front of, instead of on, the retina. As a result, distant objects appear blurry while close objects appear normal. Other symptoms may include headaches and eye strain. Severe near-sightedness is associated with an increased risk of retinal detachment, cataracts, and glaucoma. The underlying mechanism involves the length of the eyeball growing too long or less commonly the lens being too strong. It is a type of refractive error. Diagnosis is by eye examination. Tentative evidence indicates that the risk of near-sightedness can be decreased by having young children spend more time outside. This decrease in risk may be related to natural light exposure. Near-sightedness can be corrected with eyeglasses, contact lenses, or a refractive surgery. Eyeglasses are the easiest and safest method of correction. Contact lenses can provide a wider field of vision, but are associated with ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Paul Tudor Jones
Paul Tudor Jones II (born September 28, 1954) is an American billionaire hedge fund manager, conservationist and philanthropist. In 1980, he founded his hedge fund, Tudor Investment Corporation, an asset management firm headquartered in Stamford, Connecticut. Eight years later he founded the Robin Hood Foundation, which focuses on poverty reduction. As of April 2022, his net worth was estimated at US$7.3 billion. Early life and education Jones was born in Memphis, Tennessee. Paul Tudor Jones II's father John Paul "Jack" Jones practiced transportation law from an office located next door to ''The Daily News'', a publication his family has owned and operated since 1886 and where Jack Jones was the publisher for 34 years. His half-brother is Peter Schutt. Jones graduated from Presbyterian Day School, an all-boys elementary school, before attending Memphis University School for high school. Jones then went on to the University of Virginia where he was a welterweight boxing champion. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mark Ripple
Mark E. Ripple, born August 30, 1967 was an American money manager, expert horse racing handicapper, and author of ''Handicapping the Wall Street Way''. He was frequently sought after to pen articles, having written for ''American Turf Monthly'', ''The Horse Jockey'', CBS, and ''Southern Gaming Magazine''. He has been featured in ''American Turf Monthly'' and Motley Fool, and has been a featured financial commentator for CBS ''Market Watch''. Mark has given lectures at numerous colleges including the University of Pennsylvania, Hudson Valley Community College, and Rensselaer Polytechnic Institute. Career Thomas James Associates After graduating from Hudson Valley Community College as a President's List Student, Ripple commenced to further his studies at Rensselaer Polythechnic Institute until he was recruited as New York State's youngest investment banker, at age 21, by Thomas James Associates of Rochester, New York. He spent one year at the fledgling firm and was drafted by Merril ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
John Neff (investor)
John B. Neff, CFA, (September 19, 1931 – June 4, 2019) was an American investor, mutual fund manager, and philanthropist. He was notable for his contrarian and value investing styles as well as for heading Vanguard's Windsor Fund. Windsor became the highest returning, and subsequently largest mutual fund in existence during Neff's management, eventually closing to new investors for a period in the 1980s. Neff retired from Vanguard in 1995. During Neff's thirty-one-year tenure at Windsor (1964 to 1995), the fund returned 13.7% annually versus 10.6% for the S&P 500. Early life and education John Neff was born in 1931 in Wauseon, Ohio. He attended the University of Toledo and graduated ''summa cum laude'' in 1955. He then worked at the National City Bank of Cleveland before attending business school at Case Western Reserve University, graduating in 1958. Investment career In 1964, he joined the Wellington Management Company, a sub-advisor to the Vanguard group of funds. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
John Maynard Keynes
John Maynard Keynes, 1st Baron Keynes, ( ; 5 June 1883 – 21 April 1946), was an English economist whose ideas fundamentally changed the theory and practice of macroeconomics and the economic policies of governments. Originally trained in mathematics, he built on and greatly refined earlier work on the causes of business cycles. One of the most influential economists of the 20th century, he produced writings that are the basis for the school of thought known as Keynesian economics, and its various offshoots. His ideas, reformulated as New Keynesianism, are fundamental to mainstream macroeconomics. Keynes's intellect was evident early in life; in 1902, he gained admittance to the competitive mathematics program at King's College at the University of Cambridge. During the Great Depression of the 1930s, Keynes spearheaded a revolution in economic thinking, challenging the ideas of neoclassical economics that held that free markets would, in the short to medium term, a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Forbes Magazine
''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also reports on related subjects such as technology, communications, science, politics, and law. It is based in Jersey City, New Jersey. Competitors in the national business magazine category include ''Fortune'' and ''Bloomberg Businessweek''. ''Forbes'' has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine is well known for its lists and rankings, including of the richest Americans (the Forbes 400), of the America's Wealthiest Celebrities, of the world's top companies (the Forbes Global 2000), Forbes list of the World's Most Powerful People, and The World's Billionaires. The motto of ''Forbes'' magazine is "Change the World". Its chair and editor-in-chief is Steve Forbes ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
David Dreman
David Dreman (born 1936) is an investor, who founded and is chairman of Dreman Value Management, an investment company. Dreman has published many scholarly articles and he has written four books. Dreman also writes a column for ''Forbes'' magazine. Dreman is on the board of directors of thInstitute of Behavioral Finance publisher of the Journal of Behavioral Finance. Personal Dreman was born in Winnipeg, Manitoba, Canada in 1936. His father, Joseph Dreman, was a prominent trader on the Winnipeg Commodity Exchange for many years. Education David Dreman graduated from the University of Manitoba in 1958. Career After graduating, he worked as director of research for Rauscher Pierce, senior investment officer with Seligman, and senior editor of the Value Line Investment Service. In 1977, he founded his first investment firm, Dreman Value Management, LLC., and has served as its president and chairman. The Dreman fund family was eventually bought by Kemper, which was then ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jim Rogers
James Beeland Rogers Jr. (born October 19, 1942) is an American investor and financial commentator based in Singapore. Rogers is the chairman of Beeland Interests, Inc. He was the co-founder of the Quantum Fund and Soros Fund Management. He was also the creator of the Rogers International Commodities Index (RICI). Rogers does not consider himself a member of any school of economic thought, but has acknowledged that his views best fit the label of the Austrian School of economics. Early life Rogers was born in Baltimore, Maryland and raised in Demopolis, Alabama. Education In 1964, Rogers graduated with a bachelor's degree cum laude in history from Yale University. He got his first job on Wall Street, at Dominick & Dominick. In 1966, Rogers then acquired a second BA degree in philosophy, politics and economics from the University of Oxford, as a member of Balliol College. In April 2019, he received an honorary Ph.D. from Pusan National University for his books containing pos ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Michael Lee-Chin
Michael Lee-Chin, (born 3 January 1951) is a Jamaican-Canadian billionaire businessman, and philanthropist and the chairman and CEO of Portland Holdings Inc, a privately held investment company in Ontario, Canada. Lee-Chin was appointed to the Order of Ontario in 2017. In 2016, Lee-Chin was appointed chairman of the government of Jamaica's Economic Growth Council (EGC). Lee-Chin has made several large pledges and/or donations in Canada to the Royal Ontario Museum in 2003, the Rotman School of Management at the University of Toronto, McMaster University and the Joseph Brant Hospital Foundation. Lee-Chin served as chancellor of Wilfrid Laurier University. Background Lee-Chin was born in Port Antonio, Jamaica, in 1951 to Aston Lee and Hyacinth Gloria Chen. Both his parents were biracial African and Jamaican-Chinese. When Lee-Chin was aged seven, his mother married Vincent Chen who had a son from a previous relationship, and the couple had seven children together, six boys and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dodge & Cox
Dodge & Cox is an American mutual fund company, founded in 1930 by Van Duyn Dodge and E. Morris Cox, that provides professional investment management services. Background Dodge and Cox specializes in value investing and has been described as "best known for its conservatively managed funds with solid track records and modest fees." Having been created during the Great Depression, the firm has "a razor sharp focus on capital preservation". Co-founder E. Morris Cox, who worked at the firm into his 90s, objected to widespread practices he considered unethical during the early 20th Century history of investment banking and thus Dodge & Cox developed policies putting customer interests as a top priority. Dodge & Cox practices a team-based management strategy and as of 2020, the firm had US$325 billion in assets under management, and one of their funds was among the largest 25 American mutual funds. Headquartered in San Francisco, California, the company offers six no-load mutual fu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
