Quote of the Day – 2/13/2017

The only way in which a profit opportunity can be available to the active investor – in an individual stock or group of stocks – is that the consensus of other professional investors is wrong. While this collective type of error can and does occur, we must ask how often these errors are made and how often we would avoid the error being made by others and have the wisdom and courage to take action opposite the consensus. – Charles D. Ellis; Winning The Loser’s Game – Timeless Strategies for Successful Investing