Business
This ASX share is my top contrarian play right now – Motley Fool Australia
MFF Capital Inevstment Ltd (ASX: MFF) is a contrarian bet in my portoflio today that I’m happy to hold for balance and a small hedge.
You might have heard an investor describe themselves as a contrarian, or perhaps an ASX share they’re looking to buy as a ‘contrarian play’. It’s more common than you’d think. What is meant by this rather strange phrase is that the investor either views themselves or the investment idea they have come up with as running ‘against the heard’ or against the popular opinion of the time.
As an example, buying Afterpay Ltd(ASX: APT) shares today is certainly not a contrarian play. That’s because we c…
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