No easy choices for investors looking to buck the herd with contrarian funds
Offerings from Fidelity, Columbia, Janus and others look for inflection points of maximum pessimism about a particular stock or industry.
Most investors consider themselves to be contrarians, just as most people think of themselves as above-average drivers, moderate voters and sensible shoppers.
What should advisers do when clients want a contrary mutual fund? Remind them that few mutual funds dare to put the word “contrarian&
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