If you want superior investment performance, you have to invest in areas where others are not piling in and leading to full valuations. In other words, you have to find a different way.

Background:
A large number of chief investment officers consider the stocks of these companies, which are generally favored by the market, to be very safe. For example, a common saying at the time was, "You can't lose money buying IBM stock." Still, followers of these stocks...