Contrarian investment strategies involve buying and selling assets that are out of favor with the market. Investors who adopt this approach believe that the majority can be wrong, and that undervalued assets will eventually rebound. This strategy often requires patience, as it may take time for market sentiment to shift. These strategies can be applied across various asset classes, including stocks, bonds, and real estate. Notable contrarian investors, such as Warren Buffett, have successfully used this approach to identify opportunities during market downturns. By focusing on long-term value rather than short-term trends, contrarians aim to achieve superior returns.