Contrarian investing makes up a wide scope of ideas and investment styles. Ultimately, it boils down to making financial decisions and investments fully against the greater market sentiment.
These contrarian investors are the bulls during bear markets, the bears during bull markets, and anyone bold enough to stray far away from public opinion with millions of dollars at stake.
Contrarians have famously predicted the crash of 1987, the housing market bubble of 2008 and many more historical events to make their best investments. They are unafraid to buy when the market is at its darkest place, and smart enough to sell when they sense the optimism has gone too far.
Here are the 13 greatest contrarian investors of all time;
Marc Faber
Dr. Marc Faber was a Swiss-born investor who received his PhD from the esteemed University of Zurich at the young age of 24. The man rallied against popular opinion to forecast Black Monday in 1987, the Japanese bubble in 1990, the gaming stock crash of 1993 and the Asia Pacific Crisis of 1997. Other predictions and lamentations of his can be found in his publication, The Gloom, Boom & Doom Report.
Faber’s contrarian investment philosophy is seen in his personal motto, “Follow the course opposite to custom and you will almost always be right.”
- Source, Stock Investor, Read the Full Article Here
