Description
"An extremely readable and useful book that will be of great value to both the layman and the professional." Warren Buffet
David Dreman has written on of those rare, original books on the market that appear every generation or so. Powerful, profound, and extremely well documented, it provides totally new strategies for investing in the 1950's and beyond." Marshall Loeb, editor of Fortune Magazine
David Dreman's book has transformed my thinking about the top end of the market. I recommend you buy a copy." Jim Slater, Dividend Magazine
David Dreman has written on of those rare, original books on the market that appear every generation or so. Powerful, profound, and extremely well documented, it provides totally new strategies for investing in the 1950's and beyond." Marshall Loeb, editor of Fortune Magazine
David Dreman's book has transformed my thinking about the top end of the market. I recommend you buy a copy." Jim Slater, Dividend Magazine
Présentation de l'éditeur
David Dreman's name is synonymous with the term 'contrarian investing', and his contrarian strategies have been proven winners year after year. Now Dreman offers four all-new contrarian investment tactics that are sure to deliver high-percentage returns, regardless of the size of your portfolio. These tactics have resulted in Dreman's High Return Equity Fund being the leader since its inception in 1988. Dreman reveals a proven, systematic,and safe way to beat the market by buying stocks of good companies when they are currently out of favour.
At the heart of this book is a fundamental psychological insight: investors overact. Dreman demonstrates how investors consistently overvalue the so-called 'best' stocks and undervalue the so-called 'worst' stocks, and how earnings and other surprises affect the best and worst stocks in opposite ways. Since surprises are a way of life in the market, Dreman shows how to profit from these surprises which his ingenious new techniques, most of which have been developed in the nineties. Based on cutting-edge research and irrefutable statistics, David Dreman's revolutionary techniques will benefit everyone with an interest in the investment field, both professional and layperson.
At the heart of this book is a fundamental psychological insight: investors overact. Dreman demonstrates how investors consistently overvalue the so-called 'best' stocks and undervalue the so-called 'worst' stocks, and how earnings and other surprises affect the best and worst stocks in opposite ways. Since surprises are a way of life in the market, Dreman shows how to profit from these surprises which his ingenious new techniques, most of which have been developed in the nineties. Based on cutting-edge research and irrefutable statistics, David Dreman's revolutionary techniques will benefit everyone with an interest in the investment field, both professional and layperson.
Biographie de l'auteur
David Dreman is the founder and chairman of Dreman Value Management L.L.C. in New York Red Bank, New Jersey, a firm which currently manages over 4 billion dollars of individual and institutional funds.