Non-consensus investing
An investment strategy championed by Sayan Bannister, which involves betting on 'magically weird' ideas that the majority of investors overlook. The success of early Uber investment is cited as an example.
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7/22/2025, 7:25:26 AM
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7/22/2025, 8:04:10 AM
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7/22/2025, 8:04:10 AM
Summary
Non-consensus investing is an investment strategy, notably exemplified by Sayan Bannister, that involves identifying and investing in companies before they achieve widespread market acceptance. This approach deliberately contrasts with mainstream investment trends, seeking value in overlooked or misunderstood opportunities, such as Bannister's early belief in Niantic. While often associated with alternative investments that can offer higher returns, this strategy is also inherently speculative and carries a high degree of risk.
Referenced in 1 Document
Research Data
Extracted Attributes
Definition
An investment strategy focused on identifying and investing in companies before they gain widespread acceptance.
Practitioner
Sayan Bannister
Potential Risk
Speculative and involves a high degree of risk
Associated Firm
Long Journey Ventures
Potential Benefit
Higher returns
Example Investment
Niantic
Key Characteristic
Contrasts with mainstream investment trends.
Timeline
- Sayan Bannister announced a new fund for her firm, Long Journey Ventures, and elaborated on her successful strategy of non-consensus investing. (Source: related_documents)
2025-03-XX
Wikipedia
View on WikipediaCopenhagen Consensus
Copenhagen Consensus is a project that seeks to establish priorities for advancing global welfare using methodologies based on the theory of welfare economics, using cost–benefit analysis. It was conceived and organized around 2004 by Bjørn Lomborg, the author of The Skeptical Environmentalist and the then director of the Danish government's Environmental Assessment Institute. The project is run by the Copenhagen Consensus Center, which is directed by Lomborg and was part of the Copenhagen Business School, but it is now an independent 501(c)(3) non-profit organisation registered in the USA. The project considers possible solutions to a wide range of problems, presented by experts in each field. These are evaluated and ranked by a panel of economists. The emphasis is on rational prioritization by economic analysis. The panel is given an arbitrary budget constraint and instructed to use cost–benefit analysis to focus on a bottom line approach in solving/ranking presented problems. The approach is justified as a corrective to standard practice in international development, where, it is alleged, media attention and the "court of public opinion" results in priorities that are often far from optimal.
Web Search Results
- Non-Consensus Investing: Being Right When Everyone Else Is ...
Non-Consensus Investing is a must-read for anyone who seeks to understand why active investing disappointed and how it can succeed.
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Commercial Real EstateCapitalize on opportunities and prepare for challenges throughout the real estate cycle. Employee Stock Ownership PlansPlan for your business’s future—and your employees’ futures too—with objective advice and financing. [...] Invest on your ownUnlimited $0 commission-free online stock, ETF and options trades with access to powerful tools to research, trade and manage your investments. Work with our advisorsWhen you work with our advisors, you'll get a personalized financial strategy and investment portfolio built around your unique goals-backed by our industry-leading expertise. [...] Despite this growth however, the universe of alternatives — which includes private equity, private real estate, private credit, hedge funds and digital assets — have underperformed their publicly traded equivalents for the third year in a row. “The share of alternatives in the total asset universe drifted lower to 15.2% in the current quarter, down from 15.4% at the end of 2024 and a peak of 16.2% at the end of 2022,” noted Nikolaos Panigirtzoglou, who covers Global Markets Strategy at