TAMIM Investment Strategy: Contrarian Investor
The Contrarian Approach to Investing
At TAMIM Asset Management, we understand that achieving above-average investment results often requires a contrarian approach—thinking differently from the crowd. In a world where markets are generally efficient and the consensus view is usually reflected in prices, it’s crucial to identify and act on opportunities where the consensus is wrong and act on that insight.
What Does It Mean to Be Contrarian?
Contrarian investing isn’t about simply opposing the majority; it’s about recognising when the market consensus has overlooked or misjudged certain risks or opportunities. It involves the conviction to go against prevailing trends when the data and analysis support a different conclusion. As Howard Marks puts it, “To achieve superior investment results, you have to hold non-consensus views regarding value, and they have to be accurate.”
The Balance of Contrarianism and Accuracy
It’s not enough to be different; you must also be right. Successful contrarian investing requires both insight and accuracy. It means seeing value where others see none, or recognising risks that others have ignored. For example, during a market downturn, while many investors may panic and sell, a contrarian might see an opportunity to buy quality assets at discounted prices.
Our Approach to Contrarian Investing
At TAMIM Asset Management, we combine contrarian thinking with rigorous analysis to identify opportunities that others might miss. We believe that by being different—and right—we can uncover investment opportunities that provide significant long-term value. By adopting this strategy, we aim to safeguard and grow our clients’ wealth, even in challenging market environments.