Contra The Heard
@contratheheard.bsky.social
Contra the Heard is an information service for investors. Our goal is to profitably invest while sharing the choices that we make. Views are not advice.
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There are dozens of ways to succeed in capital markets. Half the battle is to match your strategy and philosophy with your temperament and skill set. Here is our investment philosophy:
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Click the link below to subscribe or sign up for free content here: contratheheard.com/subscribe-now/
When prices rise, humility fades. When they fall, wisdom returns.
December 26, 2025 at 8:13 PM
When prices rise, humility fades. When they fall, wisdom returns.
Volatility is a feature, not a flaw. What matters is whether the business continues to create value, and whether an investor has the wherewithal to capitalize on the volatility.
December 24, 2025 at 9:23 PM
Volatility is a feature, not a flaw. What matters is whether the business continues to create value, and whether an investor has the wherewithal to capitalize on the volatility.
As contrarians, the goal is not to be alone on a call forever; it is to find the trend before anyone else and for the market to eventually agree with us.
December 22, 2025 at 6:30 PM
As contrarians, the goal is not to be alone on a call forever; it is to find the trend before anyone else and for the market to eventually agree with us.
With 2025 coming to a close, Philip MacKellar scored big with NEO Performance Materials in the MoneyShow's 2025 Top Picks! Watch his podcast segment to see how it performed, why it worked, and what he’s eyeing for 2026.
Segments: 12:00-15:20 & 30:45-34:00
🔗 Here: www.youtube.com/watch?v=2cB3...
Segments: 12:00-15:20 & 30:45-34:00
🔗 Here: www.youtube.com/watch?v=2cB3...
How These Pros Picked 2025’s “Top Stocks” (And What They See for ‘26!)
YouTube video by MoneyShow
www.youtube.com
December 19, 2025 at 6:56 PM
With 2025 coming to a close, Philip MacKellar scored big with NEO Performance Materials in the MoneyShow's 2025 Top Picks! Watch his podcast segment to see how it performed, why it worked, and what he’s eyeing for 2026.
Segments: 12:00-15:20 & 30:45-34:00
🔗 Here: www.youtube.com/watch?v=2cB3...
Segments: 12:00-15:20 & 30:45-34:00
🔗 Here: www.youtube.com/watch?v=2cB3...
The greatest thing money buys isn’t stuff, it’s control over your time.
December 18, 2025 at 8:31 PM
The greatest thing money buys isn’t stuff, it’s control over your time.
Most investors sell in December. We buy. Philip MacKellar explains why tax-loss selling may be the perfect contrarian buying opportunity, plus how seasonal trends like the Santa Claus rally & January effect can work in your favour.
🔗 Read more: www.contratheheard.com/the-contra-g...
🔗 Read more: www.contratheheard.com/the-contra-g...
December 15, 2025 at 5:20 PM
Most investors sell in December. We buy. Philip MacKellar explains why tax-loss selling may be the perfect contrarian buying opportunity, plus how seasonal trends like the Santa Claus rally & January effect can work in your favour.
🔗 Read more: www.contratheheard.com/the-contra-g...
🔗 Read more: www.contratheheard.com/the-contra-g...
Laurentian Bank’s last chapter is set to close with a takeover that delivers a long-awaited definitive path. In his latest Globe & Mail piece, Caellum Gallander breaks down why the offer on the table is likely the best available.
Read it here: www.contratheheard.com/the-contra-g...
Read it here: www.contratheheard.com/the-contra-g...
December 12, 2025 at 8:01 PM
Laurentian Bank’s last chapter is set to close with a takeover that delivers a long-awaited definitive path. In his latest Globe & Mail piece, Caellum Gallander breaks down why the offer on the table is likely the best available.
Read it here: www.contratheheard.com/the-contra-g...
Read it here: www.contratheheard.com/the-contra-g...
You don’t need to know where the market is going, only where you stand.
December 10, 2025 at 3:52 PM
You don’t need to know where the market is going, only where you stand.
Valuation matters. A company bought at the wrong price is still a poor investment, regardless of its wonderful qualities.
December 8, 2025 at 7:28 PM
Valuation matters. A company bought at the wrong price is still a poor investment, regardless of its wonderful qualities.
Many preach to “take action” in the markets. But what if the real edge comes from waiting? In the latest Contra Guys piece, Caellum Gallander explains how disciplined inaction can protect your portfolio and boost returns.
Full article: www.contratheheard.com/the-contra-g...
Full article: www.contratheheard.com/the-contra-g...
The art of doing nothing: Why inaction can be the boldest and often most profitable move – Contra the Heard
In a world obsessed with constant action, true success sometimes comes from doing nothing. Caellum Gallander argues that strategic inaction — waiting for the right opportunity rather than chasing ever...
www.contratheheard.com
December 5, 2025 at 4:40 PM
Many preach to “take action” in the markets. But what if the real edge comes from waiting? In the latest Contra Guys piece, Caellum Gallander explains how disciplined inaction can protect your portfolio and boost returns.
Full article: www.contratheheard.com/the-contra-g...
Full article: www.contratheheard.com/the-contra-g...
There are three ways to lose money: investing in an overvalued asset, a bad asset, or being a forced seller.
December 3, 2025 at 1:57 PM
There are three ways to lose money: investing in an overvalued asset, a bad asset, or being a forced seller.
The smartest move isn’t always popular; it’s what the market has overlooked.
December 1, 2025 at 4:35 PM
The smartest move isn’t always popular; it’s what the market has overlooked.
The market doesn’t reward predictions. It rewards patience.
November 29, 2025 at 4:07 PM
The market doesn’t reward predictions. It rewards patience.
Valuation work isn’t just about finding great companies. It’s about paying a fair or, better yet, unfair price for them. Quality matters, but price drives returns.
November 26, 2025 at 4:30 PM
Valuation work isn’t just about finding great companies. It’s about paying a fair or, better yet, unfair price for them. Quality matters, but price drives returns.
Outperformance lives in uncomfortable places. If it feels easy and obvious, you’re probably late.
November 24, 2025 at 5:50 PM
Outperformance lives in uncomfortable places. If it feels easy and obvious, you’re probably late.
Clarity beats complexity. The best investment process is easy to understand and hard to disrupt.
November 21, 2025 at 3:33 PM
Clarity beats complexity. The best investment process is easy to understand and hard to disrupt.
Markets confound most people at the most important moments. Bottoms and tops are invisible until they’re in the rear-view. Instead of trying to call them, ask: How will I respond when markets are rallying or cratering? Preparation beats prediction.
November 19, 2025 at 7:23 PM
Markets confound most people at the most important moments. Bottoms and tops are invisible until they’re in the rear-view. Instead of trying to call them, ask: How will I respond when markets are rallying or cratering? Preparation beats prediction.
When you invest in companies with 100%+ upside, your margin for error is far greater than when you chase smaller returns.
November 17, 2025 at 3:30 PM
When you invest in companies with 100%+ upside, your margin for error is far greater than when you chase smaller returns.
In a bull market, fear is missing. In a bear market, opportunity is missed.
November 12, 2025 at 4:42 PM
In a bull market, fear is missing. In a bear market, opportunity is missed.
Jack B: There is no escaping risk, but you can transform and modify it.
November 10, 2025 at 6:26 PM
Jack B: There is no escaping risk, but you can transform and modify it.
When markets crash, businesses with earnings don’t stay cheap forever.
November 7, 2025 at 6:45 PM
When markets crash, businesses with earnings don’t stay cheap forever.
To be a contrarian investor, you need an unnatural comfort with volatility and a ton of patience.
November 5, 2025 at 3:09 PM
To be a contrarian investor, you need an unnatural comfort with volatility and a ton of patience.
In every cycle, the crowd forgets the last one. That’s why cycles repeat.
November 3, 2025 at 2:38 PM
In every cycle, the crowd forgets the last one. That’s why cycles repeat.
The market punishes impatience and rewards those who can sit and wait.
October 31, 2025 at 3:39 PM
The market punishes impatience and rewards those who can sit and wait.
Charlie Munger: "Master your emotions, and you’ll master your capital. Emotional control is the last true edge."
October 30, 2025 at 3:10 PM
Charlie Munger: "Master your emotions, and you’ll master your capital. Emotional control is the last true edge."