contrarian

Definition

Investor or speculator who acts contrary to conventional wisdom: he or she is bearish when others are bullish, and vice versa. Contrarian philosophy is based on the observation that most people who believe the market will go up have already bought all they could and have no purchasing power left; hence the market has to go down when they start to sell. Conversely, those who believe market will go down have already liquidated their holdings and have a lot of purchasing power, hence the market has to go up when they start to buy.

单词	contrarian
释义	contrarian Definition Investor or speculator who acts contrary to conventional wisdom: he or she is bearish when others are bullish, and vice versa. Contrarian philosophy is based on the observation that most people who believe the market will go up have already bought all they could and have no purchasing power left; hence the market has to go down when they start to sell. Conversely, those who believe market will go down have already liquidated their holdings and have a lot of purchasing power, hence the market has to go up when they start to buy.
随便看	gender rule general general acceptance general account general adjustment bureau general advertising general agency system general agent general agents and managers conference general aggregate limit General Agreement on Tariff and Trade (GATT) general agreements to borrow (GAB) general and administrative expense (G&A) general and administrative leverage general and administrative overhead general and approved practice general assignment general average general business tax credit general cargo general cargo rate general cargo vessels general commodity rate general conditions general contract