Five ASX candidates for a mean reversion strategy
Conventional wisdom is a byproduct of groupthink that presents solutions good enough for the average person while simultaneously not being right for any individual. You follow it at your peril. Each Monday I will challenge the investing norms that just may be holding you back from living the life you want.
Unconventional wisdom: Five ASX candidates for a mean reversion strategy
“The market is there to serve you rather than instruct you.”
– Warren Buffett
Professional investors like to talk about ‘smart money’ and ‘dumb money’. Unsurprisingly they are referring to themselves as the ‘smart money’. The ‘dumb money’ is us – the great unwashed individual investors.
The distinction often comes down to the guise of academic…
