Many investors follow the crowd when picking stocks, but some, like Baupost chief Seth Klarman, take a more contrarian view. In fact, contrarian investing can generate significant returns for investors who play their cards right because it provides opportunities to buy stocks at deep discounts.
In an episode of MasterClass' new four-part series called "Mastering the Markets," Klarman shares the story of how he became interested in investing and how he makes contrarian calls work for him.
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