What is the meaning of contrarian investor?

A contrarian investor is someone who seeks to capitalize on market trends by going against prevailing sentiment. Instead of following the crowd, contrarian investors often buy when others are selling and sell when others are buying, believing that market overreactions create opportunities. This approach is based on the idea that the majority can be wrong, and that undervalued assets can provide better long-term returns. Their strategy often involves thorough research and a strong conviction in their analysis.