One of the curious findings from our years of publishing the Switzer Super Report is that subscriber interest always peaks when the 'you know what' hits the fan! A rising market brings complacency and I guess happiness as set investments bring the returns hoped for when they were placed.
However, when a market is rising, we all know certain sectors or companies can be copping a caning. If you need reminding, just go back to late last year when the big fund managers got caught short of banks and the big miners — BHP, Rio and Fortescue — so we saw good companies such as CSL dumped.
That was a classic contrarian time to buy a good quality company and it reminds you of the Warren Buffett advice to be “greedy when others are fearful”.