Robotti discusses his approach to value investing in the interview below. In his opinion having the correct temperament is the key to a long term successful contrarian investment approach.
Temperament is key because if you are contrarian the market is definitely going to go against you for extended periods while you wait for intrinsic value to be realized.
Robotti warns that simply being contrarian isn't going to be a successful strategy, you also have to be correct in your thesis.
Temperament is key because if you are contrarian the market is definitely going to go against you for extended periods while you wait for intrinsic value to be realized.
Robotti warns that simply being contrarian isn't going to be a successful strategy, you also have to be correct in your thesis.
