A contrarian is a person that takes up a contrary position, especially a position that is opposed to that of the majority, regardless of how unpopular it may be. A contrarian investing style is one that is based on identifying, and speculating against, movements in stock prices that reflect changes in the sentiments of the majority of investors.
Contrarian journalism is characterised by articles and books making counterintuitive claims, or attacking what is said to be the conventional wisdom (a phrase attributed to Canadian economist and diplomat John Kenneth Galbraith) on a given topic. A typical contrarian trope takes the form, ‘everything you know about topic X is wrong.’
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February 26, 2017