Do Contra Funds Make Sense?

Don't be carried away by the glib investing strategy of being a Contrarian. Going against the tide is not always a virtue, says Debashis Basu

"Obvious thinking - or thinking the same way in which everyone else is thinking - commonly leads to wrong judgements and wrong conclusions" - Humphrey B Neill, author of The Art of Contrary Thinking, 1954. Neill was one of the earliest exponents of...

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