“Don’t listen to Hugh Hendry. He’s a loser.”

Below is a nice little interview with Hedge Fund manager Hugh Hendry (hat tip Business Insider). The headline quote was his way of showing us he doesn’t take himself too seriously. But his underlying message is that he believes it pays to really massage the most contentious issues and take a view on those. If you do have a contrarian view, it will be backed by more rigorous analysis such that you can be better assured of a decent return in down markets. Right now, one of his most contrarian bets is Japan.

Also see: Jim Rogers: The China Shorts Have Had It All Wrong, But At Least Hugh Hendry Admits It