In honour of Charlie Munger, seven contrarian trades for 2024

News Snapshot:

Instead, economies remained incredibly resilient (probably too resilient for the comfort of central bankers), tech stocks have powered a global equity market rally, and China’s reopening has proven a dud, albeit one provided a nice tailwind to local stocks in the early stages of the year. It’s a testament to the power of contrarian investing. Buffett and Munger became famous for this during their careers, perhaps most notably when their conglomerate Berkshire Hathaway pumped $US5 billion into Goldman Sachs in the midst of the GFC for a profit estimated to be close to $US4 billion. “We have a history when...