HIGHLIGHTS: Anthony Bolton

Hi everybody, tune in to this short version of the podcast, which we do every Friday. For the long version, tune in on Wednesdays. Hi everybody, today we are in really good company because I'm here with Anthony Bolton and Anthony Bolton, he is in a way, in my mind, the father of contrarian investing. You know, the best person I know to do the opposite of everybody else. And my have you made a lot of money for fidelity over the years doing that.

So a warm welcome, Anthony. Thank you, Nikolai. It's lovely to be here with you. Why can one make so much money by doing the opposite of other people? I think because very few people are doing it.

So it's almost by definition. And the trouble in the stock market, if you do what everyone else is doing, it will work for a while. But the more people who get on the bandwagon eventually it bursts. And I think that's why it's a it's important. I always, my view of investing, that popularity is risk.

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