I’ve written that I am a contrarian by nature; I just don’t feel comfortable following the crowd.
As such, I was bearish on tech stocks in 1999-2000; I was bearish on real estate in 2005 and I’m bullish on the stock market right now. Believe me, amid the manias, these were not easy positions to maintain.
My contrarian bent even makes me feel quite a bit more optimistic than the general public on the economy and even more broadly, the country’s future right now. And my current optimism seems like the most difficult of these contrarian challenges I’ve faced over the past decade or so.
I’m a bull (and proud of it) but these days I feel more like frog…
[youtube http://www.youtube.com/watch?v=NZJxL3PrrLM&hl=en&fs=1](Click for video)