Asset Allocation 

How to be a contrarian

How to be a contrarian

Secretly, every investor thinks they are a contrarian. Even when adopting what appears to be a herd mentality, some believe they are going against the grain. For proof, simply scan the bullish investment commentary around Apple (US:AAPL), which invariably cites a forward price/earnings multiple of 14 as evidence that this is an undervalued and somehow underappreciated stock.

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