My life was changed when I read Ben Graham's "The Intelligent Investor". Buying low and selling high, what could be more logical? Hedge your bet by including a margin for error(ie. margin of safety). Yeah my transformation to a value and contrarian investor started with that book. Current member of StockBuz (stockbuz.net), a trading and investing oriented social network. On market days I can often be found in the chat room there, doing my best to annoy the technical analysis practitioners and day traders by pontificating the virtues of value investing.