“Most people get interested in stocks when everyone else is. The time to get interested is when no one else is.” — Warren Buffett, the Oracle of Omaha.

Overview: Investing near or at market tops is a skill worth having. Is it time to revisit your approach?

Well, this is a pleasant surprise. Many stock market indices are hovering either at or near the top.

Nearly six weeks ago practically all stocks were getting their wings clipped.
Suddenly, interest in stocks has soared to lofty heights well above the clouds.

The question becomes “how does one invest in stocks now that most people are interested?” Something we have not had to contemplate for about a year.

My view is that contrarian strategy delivers rewards in the long run. Risk is ever present; however, emphasis on quality investments tames the turmoil.

Contrarians know that bulls and bears can swap chairs abruptly with little or no warning.
Contrarians are content with either market direction.

I highlight contrarian investing for both advancing and falling markets: Continue Reading…