How contrarians can get it wrong as well as right
Posted on October 15, 2012 at 09:20 AM EDT
You’ll sometimes hear advisors or investors declare that they are contrarians. That means they believe it pays to go against the mood of the great mass of investors, as revealed to them by one or more of several indicators. These include discussions with friends and acquaintances, the positive or negative tone of media coverage, high …
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