Contrary opinion by R. Earl Hadady
ARTICLE SYNOPSIS ...Contrary opinion
by R. Earl Hadady
Facts are unimportant! It's what they are perceived to be that determines the course of events. That, in a
nutshell, is what drives the principles of contrary opinion that are at work in various human activities,
particularly the markets.
A contrary opinion is simply the opposite of what the vast majority of people think the course of events
will be. For example, the principles of contrary opinion indicate that if practically everyone believes there
is going to be a shortage of crude oil and acts accordingly by buying small cars, restricting their travel
an...
AUTHOR: R. Earl HadadyDATE: AUG 1988