What came to your mind when you read “Contra Funds”?
A Contra Fund is a Fund with a different investment style. If you are the manager of a contra fund, this is what you do. You keep stakes against the rampant market trends by purchasing assets which either under perform or are depressed at that point of time.
This is done with the perception that herd mentality of investors will result in mispricing of assets resulting in chances for more returns.
See how simple it is now. Yet many people call Finances “boring” and “difficult to understand”. This is because they don’t even think in the first place. They aren’t open, curious and interested. They aren’t creative enough to establish connections which make it easier for them to learn, understand and remember concepts. Get Personalized Advice On Mutual Fund From Kuber Mindz or Give A Miss On 022 6211 6588
They hardly make efforts to learn anything. Then, when cheats take advantage of their ignorance and cheat them, they play the victim card and blame everything under the sun, from finances to destiny. Such people spread a vicious cycle by complaining to others how they got cheated, but seldom do they take the blame. Smart Financial Advisor
This is where the real problem strikes in. It is said in a well-known book “The one who is ignorant, who does not have trust and who is a skeptic perish. They do not have this ordinary life or the higher life. There is no sense of well-being for such people.”
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