the Contrary Investor

August 5, 2007

Day one stuff

Filed under: General — contraryinvestor @ 9:16 pm

This blog represents the culmination of the last 10 years of my investing life. My first foray into “investing” came during high school when I cashed in my savings opened an etrade account, loaded up on tech stocks and promptly lost pretty much everything. Like most investors burned during the tech implosion of 2000 I shied away from market until I enrolled in college as a student in finance. In the interceding time I had become a diligent student of the business press, varciously consuming BusinessWeek, Fortune and CNBC “wisdom”. Despite knowing significantly more about business the results of my investing were remarkably similar to the earlier 2000 tech stock debacle. It slowly became apparent to me that prevailing wisdom and popular opinion are of little use when investing in the market.

In the search for a better way to invest money I consumed to works of Joel Greenblatt, Benjamin Graham, Warren Buffet and other value investors. With a cogent frame work for investing and extremely skeptical eye my investment performance improved. My passion for the markets has only increased over the years and I often find my self in heated debates with friends who do not share my contrarian market outlook. Finally I have decided to put my money where mouth is, to publish the performance of my portfolio and carefully explain the rationale behind my positions. Whether anyone decides to read this blog or not it will provide a more stringent process for my investment analysis.

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2 Comments »

  1. Great-looking website.

    I am far from a contrarian. But appreciate the concept of moving against the crowd. I am waiting to see what you actually own in the Covestor account. Comes up as ‘no securities’ right now.

    Anyhow, good luck and welcome to the Stock Market Blogosphere.

    Bob
    “Stock Picks Bob’s Advice”

    Comment by Robert Freedland — August 13, 2007 @ 4:55 pm

  2. The portfolio should hopefully be up tomorrow. The only positions will be the ones discussed on the blog.

    -CI

    Comment by contraryinvestor — August 13, 2007 @ 6:10 pm


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