Weiss Research's Million Dollar Contrarian Port
I just had a client tell me he's going to do this and needs to liquidate some of his holdings to do it. Anybody have any experience with this. Thoughts and ideas welcome.
If U combine a ‘contrarian’ portfolio with a consensus portfolio whadaya git?Another day older an deeper in debt....
You know how markets usually ‘clear’, where a price is established such that Supply=Demand? Don’t you suppose that the sellers have a ‘contrarian’ view, as compared to the buyer?
They established this portfolio in march or April 09. I wonder how thta has worked out for them…Minimum Variance has a gooid point (and a cool screen name :)) That you might want to share with your client.
Ooops, sorry about the spelling, trying to place trades and post before the close
I have a client whose mother is doing this. Basically the guy runs it similar to Jim Cramer’s deal. They get 48hr alerts to make the trades. She actually forwards them to me. The guy is now forecasting a major correction in the market so that’s probably why your client is coming your way to liquidate.
It’s my understanding while the market has been way up this portfolio has lost money.