Dear Reader,
I believe that, as herd animals, we humans often follow a certain thought or idea without really knowing whether this thought or idea is 100% correct, but like the fact that everyone agrees. I believe we do this, because otherwise we will never all agree on something, and hence will never achieve harmony. However, acting against this “harmony” and constantly seeking 100% truth and knowledge is key in achieving excellent and market beating returns, which is something I learnt while working with some of the world's best portfolio managers at BlueCrest Capital.
Contrarian ideas are those that can often bring excceptional returns. Identifying these pivot points, when a new trend is emerging or and old trend ending, is one of the most difficult, yet most rewarding science & arts to master. During my first job as a trader at UBS, the Managing Director implanted the 4 C’s on us (not the diamond 4 C’s, but “Command, Control, Correct, Consequence”). This is equivalent to a loop-hole of seeking constant improvement. I continue to implement these 4 C’s at AozoraStep.
"Aozora" is Japanese and means blue sky. AozoraStep hence translates into "step into blue sky".
Let's connect,
David Herrmann, Founder & Managing Partner
