We’ve outperformed over the long term by being conservatively contrarian during booms and aggressively contrarian during busts. Investors must never forget: the economic cycle includes contraction as well as expansion. Downturns usually don’t last nearly as long as upswings, and since the Second World War they’ve become even less frequent. Perhaps that’s why, as it seems to … [Read more...] about How we prepare for – and profit from – recessions
Chris Leithner