The Contrarian Investor – Going against the grain for the green…
Going with the crowd is not always the best way to financial success. Betting on the underdog and finding promising industries that are out of favor can be an alternate path to success. Being a contrarian; it is a method many investors follow.
If you’re going to grab investments when they are “mis-priced,” you will need some form of a contrarian streak in you. Being a contrarian simply to be a contrarian will not bring you financial success. It is when you allow a contrarian streak to guide you towards out of favor investments that are unfairly devalued or will soon come back into favor for X, Y or Z reason.
If you want to hit a home-runs with your investments, then a contrarian investment strategy might be one that you should follow. Go find that diamond in the rough.