The Contrarian’s Edge (and how to find it)Why following the herd guarantees average returns—and how smart contrarians think.Adi OranNov 07, 2025∙ PaidShareAverage investors are trapped.Follow the consensus and you’ll get consensus results.MOAT Stories is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.SubscribeAverage thinking. Average results.The problem? Most investors don’t even realize they’re following the herd.They think they’re making ind…Continue reading this post for free, courtesy of Adi Oran.Claim my free postOr purchase a paid subscription.