It doesn’t matter whether an investor manages a small personal portfolio or millions of dollars in a vehicle like an investment fund; when it comes to the discipline of value investing, one thing remains true. This characteristic is that these investors must be willing to place relatively contrarian bets, which is essentially where value is found.
Buying beaten-down stocks that have received negative media attention or been outright forgotten by the broader market doesn’t seem like the most productive use of an investor’s time or capital; however, these are the decisions that pay the most dividends down the line.
