HIGHLIGHTS: Anthony Bolton

This podcast features an interview with Anthony Bolton, described as the "father of contrarian investing," by host Nicolai Tangen. Bolton discusses his contrarian investment strategy, explaining that it involves going against the crowd and identifying opportunities in unpopular or overlooked assets. He details his approach, which includes analyzing charts, shareholder lists, and identifying companies with limited downside risk and significant potential upside. Bolton emphasizes the importance of conviction, patience, and the ability to recognize and learn from mistakes. He also comments on how the market has changed with the rise of passive investing and trend following, noting that trends may last longer but anomalies still exist.