David Dreman, author and money manager, wrote one of the seminal books on contrarian investing, Contrarian Investment Strategies: The. These books are the basis for the AAII David Dreman screen. Dreman Screen. Dreman’s contrarian investment strategy seeks out medium- and large-sized. courses: Living in the Environment, 16th edition ( pages, Brooks/Cole ),. . B. Millman, University of Massachuse.

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Want to Read Currently Reading Read. Now, as the dremqn bull market in the history of the stock market winds down, there is increasing volatility and a great deal of uncertainty. Jul 21, Yushi Wei rated it it was amazing.

Published May 18th by Free Contrariwn first published January 12th Dreman is also one of a handful of money managers whose clients have beaten the runaway market over the past five, ten, and fifteen years. Written init is remarkable how much history repeats itself.

The Next Generation shows investors how to outperform professional money managers and profit from potential Wall Street panics — all in Dreman’s trademark style, which Invdstment New York Times calls “witty and clear as a silver bell. Part 2 is a must read where Dreman rips efficient markets hypothesis to shreds by poring over the original research and running new studies.

Contrarian Investment Strategies: The Classic Edition

The smaller the sample used t he more likely the findings are to be chance rather than meaningful. The excessive use of credit is the investmeht of many destructive characteristics most bubbles have in common. Here was another era of hatred towards corporations and volatile stock markets. All in all, I believe the book remains as relevant today as it was in the mid’s, particularly as the IPO market gears up again, this time with social networking stocks.

Trivia About Contrarian Invest Phil rated it it was amazing Oct 04, After graduating, he worked as director of research for Rauscher Pierce, senior investment officer innvestment Seligman, and senior editor of the Value Line Investment Service.


It also packs a good investmet of simple executable advice – in essen Dremen’s name is eponymous with successful contrarian investing and this book methodically shows why along with the impressive records of the Kemper-Dremen funds.

The opinion of a group “converges” as the group interacts. Books by David Dreman. If you like books and love to build cool products, we may be inbestment for you. On the other end, there are those lack of firm support “social reality” like the existence of God, etc.

The recent trend is thought to be the new permanent trend.

Dreman lays out a straightforward plan for making money in the stock market over a long term horizon with less risk. Basically he states to stay away from bonds and use stocks and real estate for the inflation he expects.

David Dreman – Contrarian Investment Strategies

Contrqrian continued good news has limited impact on a high flyer with high PE, but a negative surprise will hammer the stock. Representativeness – natural human tendency to draw analogies and see identical situations where none exist.

Read the original if you can. Dreman has published many scholarly articles and he has written four books. Why you should avoid Nasdaq “the market of the next hundred years” like the plague. To ask other readers questions about Contrarian Investment Strategiesplease sign up. This is the climate that tests the mettle of the pros, the worries of the average investor, and the success of David Dreman’s brilliant new strategies for the next millennium.

The realignment of price and value is neither immediate nor consistent. Stanley Aog rated it liked it Aug 12, This landed a crucial piece of theoretical support on strategues analysts like Graham and Fisher, whose investment thesis lies on the mis-valuation of the market.

On the one end, there are “physical reality”, which are abundantly clear and do not require other people’s confirmation.

The most important value of this book is Dreman’s commitment into the treacherous water of “market irrationality”, which both Graham and Fisher recognized, but neither made serious attempts to explain.

David Dreman – Contrarian Investment Strategies – PDF Drive

When the enormous surge of speculative enthusiasm ends and the bubble begins to implode the crowd becomes as extreme in its panic as it was euphoric. Thanks for telling us about the problem. Lists with This Book. Generally supply increases at our near market highs.


Getting what you expected produces no dopamine rush. He also showed that compared to the initial event trigger the surprisea reinforcing event has limited impact to the performance. May 30, Jeffrey rated it it was ok.

David Dreman’s name is synonymous with the term “contrarian investing,” and his contrarian strategies have been proven winners year after year. This is something I’ve noticed anecdotally, but it’s pleasing to see in the research – and, of course, provides a big justification for value investing through times of turmoil.

Jul 08, Will rated it it was amazing. Bin Li rated it it was amazing Dec 13, CAPM was rejected by Eugene Fama, father of EMH as early aswho stated that “Beta as the sole variable in explaining returns on stocks is d This book is updated recently by the author, David Dreman, a pioneer on behavioral investing and a true contrarian.

Harsh Patel rated it it was amazing Feb 15, The book concludes with a warning about high frequency trading, a description of the GFC, an overview of the dangers of inflation and some thoughts on free vs.

Ryan rated it liked it Jul 18, Sep 24, Tirath rated it liked it. Just a moment while we sign you in to your Goodreads account.

Contrarian Investment Strategies: The Classic Edition by David Dreman

Apr 27, Harsh Thaker rated it it was amazing. At the heart of his book is a fundamental psychological insight: I hope such list can be used as a quick reference this great work of Dreman? There are no discussion topics on this book yet.

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