The Telegraph’s Questor column is well aware that some of its well-intentioned contrarian ideas – Marks & Spencer, Centrica and Severn Trent – have turned into painful value traps and done more harm to portfolios than good, at least so far.
But with the view that the hardest, bravest decisions can be the most profitable ones (going against the crowd and looking at unloved stocks) and the easiest ones the most dangerous (going with the crowd and buying what is loved and has already done well), the next attempt to find a nugget of value comes in the shape of British Land.
