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A contrarian investment strategy is based on the belief that a. Rising stocks will continue to rise. b. Stock returns are mean reverting. c. A
A contrarian investment strategy is based on the belief that
a. | Rising stocks will continue to rise. | |
b. | Stock returns are mean reverting. | |
c. | A long/short portfolio will outperform a long only portfolio. | |
d. | The best time to buy is when other investors are bullish. | |
e. | Passive management is preferred to active management. |
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