Comment by carefree-bob

> Anytime someone takes any (supposedly) moral action which is not part of the status quo, they are implicitly claiming the moral high ground.

I think this is an unhealthy belief. More likely, people don't know what is or is not moral, because their decisions are plagued by self-interest, limited knowledge, and the influence of peer pressure and tradition that may or may not have gotten things right.

So it is more about people taking calculated bets, say on a share price. They don't know for sure if they think the price will go up or down, they are guessing, but not randomly guessing. There is an underlying investment thesis that may or may not be correct.

So a contrarian investor, may be a genius or a fool. Time will tell. Most people, when they see a contrarian investor, decide the prudent approach is "wait and see", because they have their own thesis about a different set of stocks.

Everyone is trying to figure this out as best as they can. To think that you have the moral high ground by holding some niche beliefs is a foolish way of living.