In 1999, when his portfolio was composed of everything no one wanted, Walter Schloss was asked how, even if his own convictions were unshaken, he could ensure that his investors stuck with him. Being a true contrarian required just one rule, he said: “Never tell a client what they own.”-from Economist
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2 replies on “How to be a contrarian Fund Manager”
In Transparency how one can?
Difficult as clients want you to be in the momentum stocks and not the down and beaten ones