Wednesday, January 27, 2010

Contrarian Investing

I remember way back in the late '90s my dad giving me a book Contrarian Investment Strategies by David Dreman. It started the ball rolling in my life to look for inspiration to do things differently from the mainstream.

That lead to a underlying personal view of life, that "if it is the harder way, it must be the better way, in the long run" In the example of investing, going against the crowd was hard, so therefore it must be right!

In practicality, since I started investing back in 1999 upto now, I'm down about $200 (if I sold my investments). So maybe this approach will take longer than I expected! At least I managed to keep most of the money I invested.

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