Contrarian Investment Strategies The Psychological Edge

by Dreman, David

• ISBN13: 9780743297967
• ISBN10: 0743297962
• Format: Hardcover
• Copyright: 2012-01-10
• Publisher: Free Press

Summary

{\rtf1\ansi\ansicpg1252\deff0{\fonttbl{\f0\fnil\fcharset0 Arial;}} \viewkind4\uc1\pard\lang2057\fs18 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. \fs20 \fs18 Dreman reveals a proven, systematic,\fs20 \fs18 and safe way to beat the market by buying stocks of good companies when they are currently out of favour. \par \par 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 w\fs20 ith\fs18 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. \par }

Author Biography

David Dreman is the Chairman and Chief Investment Officer of Dreman Value Management, L.L.C., in Red Bank, New Jersey. Dreman is the author of the critically acclaimed Psychology and the Stock Market and Contrarian Investment Strategy, as well as a former columnist at Forbes Magazine. He resides in Aspen, Colorado with his wife and two children.