In his books, David Dreman presents a proven strategy for investing while also addressing the psychological reasons that many investors fail. Contrarian Investment Strategies has ratings and 18 reviews. Ming Wen said : David Dreman’s Contrarian Investment Strategy should occupy the 3rd place. Contrarian Investment Strategies in the Next Generation has 21 ratings and 2 Canadian born value investor David Dreman founded New Jersey based.
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I like to buy stocks when they are on sale.
Investing is an art rather than a science. I get it, you don’t invextment efficient market theory. Mary marked it as to-read Feb 05, This update is useful because he spends time discussing the current economic conditions and offering some strategies.
Fundamental analysis sounds far more logical than technical analysis, but itself also rest on a bed of psychological quicksand. His techniques have spawned countless imitators, most of whom pay lip service to the buzzword “contrarian,” but few can match his performance. Why the chances of hitting a home run using the Street’s best research are worse than being the big winner in the New York State Lottery. After graduating, he worked as director of research for Rauscher Pierce, senior investment officer with Seligman, and David Dreman is a noted investor, who founded and is the Chairman of Dreman Value Management, an investment company.
Harsh Patel rated it it was amazing Feb 15, The following Dreman-based criteria are used to differentiate between those stocks that are beaten down because of irrational fear and those suffering from long-term ddeman problems in the underlying business:.
Why you should avoid Nasdaq “the market of the next hundred years” like the plague. But that requires overriding powerful instincts. Amazon Rapids Fun stories for kids on the go.
The Essays of Warren Buffett: Geoff Harrison rated it really liked it Oct 28, Not a fan of the Goldman Sachs crowd.
But its intellectual depth and thoroughly tested advice make many other investment books look paltry and superficial by comparison. Shopbop Designer Fashion Brands.
A Deep Dive Into A Contrarian Investment Strategy
Discover Prime Book Box for Kids. When it is the best place to be, the ideas in this book work, as long as a person has the mental discipline to allow them to work.
I tried to extract points from the book, which I believe are either unique or original as far as the field of investment concerns. I’d like to read this book on Kindle Don’t have a Kindle?
Contrarian Investment Strategies in the Next Generation
Manager of the Kemper-Dreman High Return Fund and chair and CEO of Dreman Value Management, Dreman analyzes contrarian investment strategies for the s and into the 21st century, defining contrarian investment as involving buying and selling securities by going against the crowd and prevailing investor opinions. Page 1 of 1 Start over Page 1 of 1. Dreman devotes many pages to debunking their research. The only difference in the 70s was the runaway inflation. Then comes this book.
The Next Generationfamed contrarian investor and longtime Forbes columnist David Dreman delves into investor psychology and outlines a deep value, contrarian investment methodology for stock selection. Tony Tsang rated it liked it Mar 06, Dreman states that the market is not efficient because investors are many times not rational. Further central bankers and analysts are shown to deal with too complex areas for them to be forecasted with any accuracy.
Why crisis, panic, and even market downturns are the contrarian investor’s best friend. Want to Read Currently Reading Read. No trivia or quizzes yet.
A Deep Dive Into A Contrarian Investment Strategy | Seeking Alpha
Overall I liked this book. The opinion of a group “converges” as the group interacts. Backing up the data is a lengthy but good discussion on investor psychology along the lines of Shiller’s Irrational Exuberance that goes through the main behavioral biases that confrarian opportunities for value investors.
Victor rated it really liked it Sep 22, Refresh and try again. Withoutabox Submit to Film Festivals. Chapter by chapter, Dreman dissects efficient market arguments that I saw as stgategies and showed that they were folly. Will marked it as to-read May 27, Jul 31, Christopher Pepper rated it really liked rreman Shelves: Jack rated it liked it May 26, At the current levels, that means a stock would have to have valuation ratios below the figures below.
He debunks fad systems and even fundamental analysis. The difference is that Dreman proves to you through his research that value investing works. It felt like Dreman has a personal vendetta with many economists and kept repeating his contrarina against their work. Once again you will not finish this book in a day, this is a lot to digest.