That’s actually a pretty good idea.. but in the short term and during a speculative bubble, you make the most money by chasing what everyone else is also inves

That’s actually a pretty good idea.. but in the short term and during a speculative bubble, you make the most money by chasing what everyone else is also investing in, so it pays to have groupthink. The approach you suggest would probably work though if you could be patient over the course of the whole business cycle, 20 or 30 years.