Contrarian investors must be willing to go against the crowd from "summary" of Contrarian Investment Strategies in the Next Generation by David Dreman
Contrarian investors are a unique breed. They possess the courage and conviction to stand apart from the herd mentality that typically dominates the markets. In a world where the majority often rules, contrarians are willing to swim against the current, confident in their ability to spot opportunities that others may overlook. Going against the crowd requires a certain level of fortitude. It means being willing to trust your own judgment and analysis, even when it goes against the prevailing sentiment. Contrarians understand that markets are driven by emotions as much as fundamentals, and they are not afraid to challenge popular wisdom when they believe it is misguided. Contrarian investing is not about being contrarian for the sake of it. It is a disciplined approach that involves careful research, analysis, and risk management. Contrarians do not simply buy stocks that are out of favor or sell...
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