Investing Against the Herd: The Right Cycle Approach
Nov 21, 2007
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By David Hay
According to Buffett, Templeton, and other über-investors, the way to beat the market is to refuse to run with the herd. But it's hard to maintain your direction in the middle of a stampede. This Horsesmouth member explains how he marries mutual fund flows with valuation analysis and investor psychology to identify opportunities that the herd has missed.