Word: contrarians
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Dates: during 1983-1983
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...interested? Openly contemptuous, in fact? Then you are hardly a contrarian. To a good contrarian, Amhoist's expected profits in 1984 will still be meager enough to make it an out-of-season bargain, like snow tires in July. The fact that few other investors are attracted to it is all to the good. Contrarians are a stubborn breed who relentlessly resist the natural human tendency to run with the pack, and Amhoist is just the kind of stock they thrive on. Or hope...