Gold loving Republican Candidate Ron Paul may not have won the Nevada Caucus, but Contrarian Investor and frequent guest commentator on Bloomberg, Marc Faber‘s comments are seeming to echo those of many of the other top ...
A contrarian investor is one who believes in profits over popular opinion. Contrarians think that this is a good time to buy, because, a stock falling in price becomes more attractive. By purchasing the stock of companies that are out of favor, the contrarian has an opportunity to realize profit when these companies regain popularity.
Typically, this process involves less initial risk, since purchase prices usually are ...
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Marc Faber, whose famous motto is “Follow the course opposite to custom and you will almost always be right,” told Bloomberg today that he would not be a buyer of the Facebook IPO simply because it is over valued for his liking.
In an interview he mentioned that although he does have a Facebook account, he has someone else who manages it for him ...
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Analyst Ratings changes in the stock market today:
Upgrades
