Investor Confidence Is Fast Approaching 'Invulnerable Extremes': Peter Atwater
The Contrarian Investor Podcast
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The Importance of Sentiment Diversification
I think that our strategy for diversification has been to look at historical correlations and I don't think those are necessarily relevant today my recommendation in terms of diversification is really driven by sentiment diversification. To be successful over the long run you want to own some things that are hotSome things that are and taken for deadYou know things where sentiment is clearly rising and sentiment is clearly falling. We need to be careful not to just stick with this this pie chart from the past which never anticipated an environment where all pieces of the pie would be piping hot at the same time.
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