This ebook offers a summary of the book "CONTRARY INVESTING FOR THE 90s: How To Profit By Going Against The Crowd" by RICHARD E. BAND.
Contrary investing is the art and science of going against the crowd. It is an investment philosophy based on the principle that the biggest profits are made by those who precede the general public in any investment field.
Anticipating the general market is not as difficult as it sounds.
Contrary investing principles suggest that the key to deciding the future direction of any market movement lies in the attitude and mood of the market as a whole, and that regular cycles occur in all markets - securities, real estate, commodities, collectibles and currencies.
Contrary investing utilizes simple, reliable indicators to forecast general market turning points. The maxim of contrary investing is; ''Buy into extreme weakness and sell into extreme strength.''