Simon Mawhinney, our Chief Investment Officer and Managing Director, has recorded this video for Livewire.
Going against human instinct and taking a contrarian approach to investing is not for everyone. It takes practice and commitment in your convictions, as well as restraint and patience. As a contrarian investor, there are likely to be periods of underperformance; that’s par for the course.
Watch this short video to see Simon discuss an unsuccessful investment we made and what we learned from that experience. Hear how Simon, as a contrarian investor, keeps his emotions in check and why contrarian investing is “a graveyard for egos.”
Past performance is not a reliable indicator of future performance.
There are risks involved with investing and the value of your investments, including in the Allan Gray Funds,
may fall as well as rise. This article represents Allan Gray's view at a point in time and may provide reasoning
or rationale on why we bought or sold a particular security for the Allan Gray Funds or our clients.
We may take the opposite view/position from that stated, as our view may change.
This article constitutes general advice or information only and not personal financial product, tax, legal,
or investment advice.
It does not take into account the specific investment objectives,
financial situation or individual needs of any particular person and may not be appropriate for you.
Before deciding to acquire an interest in the Allan Gray Funds or making any other investment decision,
please read the relevant disclosure document available on this website.
We have tried to ensure that the information in this presentation is accurate in all material respects,
but cannot guarantee that it is.