Twitter pal Dasan takes a look at Anthony Gallea's 1998 book, Contrarian Investing, in his recent post, "Contrarian Investing - a Classic Investing Book".
Here's an excerpt from the lead-in:
"I believe serious investors are always trying to improve themselves. One of the ways to do this is through constant reading...
...I recently came across a book written in 1998 that a few smart hedge fund managers that I respect said had a great influence on them. I summarize its key points below, but don't let that stop you from reading the book yourself.
"Contrarian Investing" By Anthony Gallea. Written 1998.
In 1998, Anthony Gallea, a Portfolio Manager at Smith Barney, with help from William Patalon, a professional writer, wrote the classic “Contrarian Investing.” Jim Rogers wrote the forward to the book. Many successful investors have cited this book as a book that greatly influenced them. This volume, like Ben Graham’s “The Intelligent Investor” is at times dated, yet full of classic investing principles that stand the test of time. Every serious stock market investor must read this book... "
Dasan provides a summary of some of the main contrarian investing themes and key points from the book's chapters. If you have an interest in fundamental value investing strategies or contrary investing methods, it should be worth your time to take a look at the info assembled here.
I've never read Gallea's book, though I have seen it sitting on the library and bookstore shelves and read the similarly titled, Contrarian Investment Strategies by fund manager, David Dremen. Maybe I'll pick up Dasan's recommendation at some point to brush up on some value and fundamental analysis knowledge.
If you like the post, check out Dasan's new follow up, "Contrarian Investing Mania Checklist: Is China a Mania?".
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