Value: No Translation Needed

Part of being a contrarian investor means taking the long view when others fixate on the here and now. Sometimes a prolonged slump in a sector or market can make a patient approach difficult to follow. We’ve found, however, focusing on the fundamentals goes a long way in reinforcing our discipline. That’s why the chart below has us excited. Based on normalized price-to-earnings ratios, the future looks bright for those investing internationally.