Three ultra-contrarian bets from the world's toxic zones

Sven Lorenz, chief executive of Swiss fund management firm ARBB, chooses three contrarian stock tips from around the world.

Sven Lorenz, chief executive of Swiss fund management firm ARBB, chooses three contrarian stock tips from around the world.

Last week, several of the investment publications I read regularly started to recommend stocking food, water even ammunition. Is another Great Depression heading our way? Should we prepare for the end of the world as we know it? Not at all. I take the current doom and gloom as a sign that we are somewhere near the market bottom. In fact, such moments of panic usually turn out to be among the best buying opportunities.

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