So long as predictions remain popular, and are so numerous as they are today – and so long as they receive notoriety through repetition in the press and on the radio – contrary opinions will increase in importance as thinking aids. “
March 22, 2017
It was the fall of 2000. Ed Noonan (founder of Contravisory) and I had gone to Vermont to attend the Contrarian Opinion Forum. Ed had published a SELL recommendation on technology three months earlier. By the fall, the ensuing pullback was seen by many at the conference as a “buying opportunity.” Of course, with perfect...