Synopses & Reviews
Distributed by the University of Nebraska Press for Caxton PressIn 1967, Edward Johnson II, founder of Fidelity Investments, launched the Fidelity Contrafund in the hope of providing investors with an alternative that harnesses the power of the Theory of Contrary Opinion, originated by Humphrey B. Neill, author of The Art of Contrary Thinking. Today, the Contrafund has over $60 Bn in assets. "When everybody thinks alike, everyone is likely to be wrong" is the quote that lies at the heart of Neill's investment and political philosophies. In this expanded second edition of The Ruminator the reader will find thought provoking ruminations over the hectic events and conditions that prevailed in the five years between 1968 and 1972; the years during which Neill published a monthly magazine titled The Ruminator and from which these essays are taken.
Synopsis
In 1967, Edward Johnson II, founder of Fidelity Investments, launched the Fidelity Contrafund in the hope of providing investors with an investment alternative that harnesses the power of the ten words quoted above. It was Humphrey B. Neill, author of The Art of Contrary Thinking and the originator of the Theory of Contrary Opinion that so inspired Edward Johnson. Today, the Contrafund has over $60Bn in assets.
The Ruminator is a collection of brief essays by Humphrey B. Neill (1977) that illuminate the way of thinking that a contrarian must cultivate in order to avoid falling into the trap of mass opinion that is so hard for most of us to escape. In The Ruminator the reader will find thought provoking ruminations over the hectic events and conditions that prevailed in the five years between 1968 and 1972; the years during which Neill published a monthly magazine titled The Ruminator and from which these essays are taken.
About the Author
Humphrey B. Neill (1977) spent his life observing and writing about the folly of group thinking that is all too prevalent throughout our society. His Theory of Contrary Opinion - first described in the best selling The Art of Contrary Opinion (Caxton Press, 1968) has inspired and guided investors and observers of society for more than four decades.