Contrarian

"The second part [of the book] explores the normative forms of adolescent resistance and contrarian behavior that vex parents and teachers alike. This discussion is within the context of chapters that look at the ways in which parenting and teaching for moral development can positively make use of these normative challenges."

"Yet at the same time, 401(k) traders became more contrarian in their response to falling markets during the crisis. Therefore, the increased sensitivity to market volatility was offset, in part, by a tendency to 'buy on the dips' in response to falling markets."

"Christopher [Hitchens] is bored by the epithet contrarian, which has been trailing him around for a quarter of a century. What he is, in any case, is an autocontrarian: he seeks not just the most difficult position, but the most difficult position for Christopher Hitchens."

"[T]o succeed as a contrarian, you have to be able to time trades in exactly the opposite direction of the majority. This means you have to move in when everyone else is fearful, and step back when everyone else is euphoric. This advice is easier to give than to follow, so contrarians are not just good at timing. They also are highly disciplined and able to set and follow rules for themselves that fly in the face of what the majority thinks."