Archibald MacLeish On Contrary Investors
on Thursday, August 21, 2014Archibald MacLeish Money Quotation saying investing in opposition to herd mentality is like those thinking for themselves. Archibald MacLeish said:
“The contrary investor is every human when he resigns momentarily from the herd and thinks for himself” — Archibald MacLeish
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In this quote, American poet and writer Archibald MacLeish seems to be commenting on how people typically think and act collectively in groups or “herds,” but also have an individual capacity for independent thought.
He suggests that when a person briefly “resigns momentarily from the herd” by thinking separately from the prevailing consensus, they can take a contrary or opposing view like a value investor.
The quote conveys MacLeish’s view that while humans often follow the crowd, each individual also retains the ability to occasionally detach from groupthink and analyze issues singularly, which allows for alternative perspectives and insights separate from the mainstream herd mentality.
Birthday: May 7, 1892 – Death: April 20, 1982