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Contrarian Investing / Maximum Pessimism

avg score 8.0 · 1 pods
insights
1
net direction
100%
tail / head / mixed / risk
1/0/0/0

tailwind · 1

  • Templeton's 'buy at maximum pessimism' drives Kaplan's cycle-based conviction
    thomas kaplan · Generating Alpha Podcast

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  • — no headwind insights —

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Contrarian Investing / Maximum Pessimism
score 8/10
TAILthomas kaplan·Generating Alpha Podcast·last year
Templeton's 'buy at maximum pessimism' drives Kaplan's cycle-based conviction
Kaplan adopts John Templeton's maxim to buy during periods of maximum pessimism. He seeks reversals with 10-100x potential (silver, platinum, oil) and waits years for 'metaphysical certitude' before going all in, using conviction to withstand washouts.
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