https://minutesof.com/on/contrarian/ Everyone on the record about contrarian: 14 verbatim quotes from 4 people, July 2019 to May 2026, in one chronology, each with a timestamp and a link to… en Sun, 30 Aug 2026 22:32:53 +0000 https://minutesof.com/q/b92ae6cf-37df-4084-8eee-4c95f1523f38/ https://minutesof.com/q/b92ae6cf-37df-4084-8eee-4c95f1523f38/ “I wrote a memo in October of o eight, after the global financial after the bankruptcy of Lehman, with the title, the limits to negativism. And there is such a thing as being too negative.” — Howard Marks, Oaktree Tue, 26 May 2026 23:26:41 +0000 contrarian https://minutesof.com/q/f4b9214f-e8ec-4253-adbe-1d9175dac3ff/ https://minutesof.com/q/f4b9214f-e8ec-4253-adbe-1d9175dac3ff/ “I would say based on every memory cycle we have had for the last twenty five years, this is the time to be selling memory 100%.” — Gavin Baker, Sohn Conference Foundation Fri, 15 May 2026 18:17:41 +0000 contrarian https://minutesof.com/q/9a463885-24f2-43d3-9479-fb352cad111c/ https://minutesof.com/q/9a463885-24f2-43d3-9479-fb352cad111c/ “I've been hanging on to the memory stocks for dear life. And yeah, but that's that's a that that's been a lifelong journey” — Gavin Baker, Sohn Conference Foundation Fri, 15 May 2026 18:17:41 +0000 contrarian https://minutesof.com/q/3f63fbc7-d33d-402e-86ce-eb0e9aacf9b5/ https://minutesof.com/q/3f63fbc7-d33d-402e-86ce-eb0e9aacf9b5/ “And there was a guy named Wally Deemer, was an old time trader, who had some great quotes and he turned them into” — Howard Marks, Nikhil Kamath Mon, 04 May 2026 14:30:01 +0000 contrarian https://minutesof.com/q/f173097e-ac50-4e46-9190-b609c012daa2/ https://minutesof.com/q/f173097e-ac50-4e46-9190-b609c012daa2/ “Dave Swenson used my favorite two word phrase that good investing requires the adoption of uncomfortably idiosyncratic positions.” — Howard Marks, Brookfield Mon, 23 Feb 2026 18:35:50 +0000 contrarian https://minutesof.com/q/c93575ca-903b-48aa-af69-ce5db46b0370/ https://minutesof.com/q/c93575ca-903b-48aa-af69-ce5db46b0370/ “In every other walk of life, we buy more when things go on sale. In the markets, we sell more when things go on sale.” — Howard Marks, Brookfield Mon, 23 Feb 2026 18:35:50 +0000 contrarian https://minutesof.com/q/e407860c-3f16-48b6-a8a6-5d0389ccf09b/ https://minutesof.com/q/e407860c-3f16-48b6-a8a6-5d0389ccf09b/ “Buffett says most things best. He says, the less prudence with which others conduct their affairs, the greater the prudence with which we must conduct our own affairs.” — Howard Marks, Brookfield Mon, 23 Feb 2026 18:35:50 +0000 contrarian https://minutesof.com/q/daaab744-9fde-49dc-9c10-78142782f162/ https://minutesof.com/q/daaab744-9fde-49dc-9c10-78142782f162/ “Bruce and I figured out that we should spend the money. He ran the fund in question and he bravely invested an average of $450,000,000 a week for the next fifteen weeks.” — Howard Marks, The Investor’s Podcast Sat, 13 Dec 2025 22:45:06 +0000 contrarian https://minutesof.com/q/4bc31d58-ece3-46a0-a796-87bbae65e5df/ https://minutesof.com/q/4bc31d58-ece3-46a0-a796-87bbae65e5df/ “I came across a great quote within the last year from a guy who's a retired trader, When the time comes to buy, you won't want to.” — Howard Marks, My First Million Fri, 22 Aug 2025 12:36:27 +0000 contrarian https://minutesof.com/q/7b7386e0-c4be-4480-ae1b-0d9f3f3a9d16/ https://minutesof.com/q/7b7386e0-c4be-4480-ae1b-0d9f3f3a9d16/ “I think ironically, what people are not yet bracing for is that the success of austerity, the success of balancing the budget, the success of Doge, likely means short term pain for markets.” — Brad Gerstner, Upfront Ventures Thu, 13 Mar 2025 21:33:08 +0000 contrarian https://minutesof.com/q/1f93a15e-86c5-4c0a-9944-9d4f2a02cade/ https://minutesof.com/q/1f93a15e-86c5-4c0a-9944-9d4f2a02cade/ “I suspect that these headlines, the end of software, the death of software, in I would argue less than twenty four months will appear to be silly.” — Bill Gurley, Bg2 Pod Mon, 10 Jun 2024 14:22:07 +0000 contrarian https://minutesof.com/q/af8caea7-2f48-42d7-9544-2de012202e2f/ https://minutesof.com/q/af8caea7-2f48-42d7-9544-2de012202e2f/ “Everybody has the same influences, everybody thinks pretty much the same, everybody anoints the same winners and criticizes the same losers, and obviously tomorrow's winners are usually found on the pile of today's losers,” — Howard Marks, Goldman Sachs Thu, 30 Jun 2022 15:18:25 +0000 contrarian https://minutesof.com/q/40d83787-9223-4915-8b29-888b8ceefe5a/ https://minutesof.com/q/40d83787-9223-4915-8b29-888b8ceefe5a/ “successful investing requires the adoption of uncomfortably idiosyncratic positions. Everybody has the same influences, everybody thinks pretty much the same,” — Howard Marks, Goldman Sachs Thu, 30 Jun 2022 15:18:25 +0000 contrarian https://minutesof.com/q/a299e771-4e48-439c-818d-165c43fe935b/ https://minutesof.com/q/a299e771-4e48-439c-818d-165c43fe935b/ “I overheard a VC on a panel say that now that capital's become so cheap, we as venture capitalists get to go after all these new industries. And it really made me chuckle.” — Bill Gurley, Invest Like the Best Tue, 02 Jul 2019 09:30:00 +0000 contrarian