JUL 3 1 2009 CONTRARIAN INVESTING ANTHONY M. GALLEA WILLIAM PATALON III NEW YORK INSTITUTE OF FINANCE YORE =ToROTO SONY» TORT SEAPORELibrary of Congress Catal Gallea, Anthony. ‘Contrarian investing / Anthony M. Gallea, William Putalon II Pp. em, Includes index. ISBN 0-7352-0000-9 1. Investments. I. Patalon, William. II, Title HG$521.G184 1998, 332.6—ded 97-44720 cP © 1998 by Prentice Hall Foreoord “Selling Hysteria and Buying Panic” reprinted from an article by Jim Rogers, author of lroestment Biker. Interior Design: Robyn Beckerman All rights reserved. No part ofthis bok may be repraduced i any form or by any ‘meant, without permisrion i triting from the publisher. ‘This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. Its sold with the understanding that the publisher is not engaged in rendering legal, accounting, or other professional service. Iflegal advice or other expert asistance is required, the services of a competent professional person should be sought, From a Declaration of Principles Jointly Adapted by @ Commitee of the american Bar Association and a Commitee of Pablsbere and Aszeiaton: Printed in the United Staves of America 987654321 0987654321 ISBN 0-7352-0000-9 ISBN 0-7352-0078-5 CHOOLS NVIF hooks are available at quantity discounts with bulle purchase for educa- tional, business, or sales promotional use. For information, please write to: Pren= tice Hall Press/Special Sales, 240 Frisch Court, Paramus, NJ 07652. Please supmly tile of books ISBN’ number, quantity, how the book wil be used, date NEW YORK INSTITUTE OF FINANCE New York, NY 10004-2207 Sea=M== 4 Simon & Schuster Company | On the World Wide Web at httpiiwww.phdirect.com rentice Hall International (UK) Limited, London entice Hall of Australia Pry. Limited, Sydney Fetnove Hall Canals Ine, Tronte HAH ITispannamcrieana, SA. Mexico Hall ot India Private Lami, New Deli Ha Japa, tn, ae 1S sulhustee Asta Pee Lily, Singepare otter Tall Brasil Lisa, Rl de JaneiroFrom Tony To my wife, Bonnie, with all my love From Bill To my parents, William and Kathleen, the two finest people I ever have known