1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
CanadianValue
CanadianValue
Articles (4624) 

Steve Forbes Interviews Tocqueville’s Robert Kleinschmidt

November 13, 2012 | About:

Robert Kleinschmidt calls himself the "contrarian investigator." He looks for investments in areas that are out of favor and disliked because he believes it is hard to make money investing along with the general consensus.

He likes “contrarian investigator” instead of value investor because his starting point is contrarian in nature.

Kleinschmidt thinks common sense is the key tool for a portfolio manager, not necessarily intellectual horsepower. In determining how to assess the attractiveness of an investment opportunity he believes that investors must figure out what the key metric is for evaluating that company.

The advantage of owning shares in a publicly traded company is that it offers investors liquidity. The focus of the investor should still be to think like an owner, even though the market makes it seem like you are holding only a piece of paper.





About the author:

CanadianValue
http://valueinvestorcanada.blogspot.com/

Rating: 3.5/5 (4 votes)

Comments

Please leave your comment:


GuruFocus Mobile App


User Generated Screeners


rael2222AAA
rael2222AA
rael22221
Hendrixlp70Free Cash Flow
rael2222BANKS
akcapitalS&P Dividends
dpostelPE DRIVEN BEST
dpostelPE DRIVEN
Doug Taylorgrowing high yield dividends
pbarker46O & G Canada
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK