The idea behind contrarian investing is certainly nothing new, as many investors – including some legendary ones – have been “going against the crowd” for decades. Warren Buffett was famously quoted saying ”be greedy when others are fearful;” the now well-known mantra that has defined the very foundation of this investment strategy. Contrarian investors look for stocks that have consistently lagged the market and their sector peers and snap them up at bargain prices, waiting for the security to make a turn around and potentially provide them with some lucrative returns [see also Third Time's A Charm? Best ETF Plays For QE3]. Obviously this strategy is not for the faint of heart, as the risk that some of these investments might not make it out of the woods is relatively high. Therefore, it is critical that all contrarian investors do their homework and take a close look at the fundamentals of each exchange-traded [...] Click here to read the original article on ETFdb.com. Related Posts: ETFs To Play 9 Markets In Limbo Gold ETFs In 2012: The Good, The Bad, And The Ugly 5 Of The Best ETF Performers Of The First Half (Plus The 5 Worst) Van Eck Debuts Proprietary Indexes, Barclays Drops “Capital” ETF Insider: The Start Of A Correction?