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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All common sense but difficult to be executed. Recency – people think disasters are more likely because they have happened recently. His techniques have spawned countless imitators, most of whom pay lip service to the buzzword “contrarian,” but few can match his performance. The recent trend is thought to be the new permanent trend. The excessive use of credit is the first of many destructive characteristics most bubbles have in common.

Since surprises are a way of life in the market, Dreman shows you how to profit from these surprises with his ingenious new techniques, coontrarian of which have been developed in the nineties.

Generally supply increases at our near market highs. David Dreman’s name is synonymous with the term “contrarian investing,” and his contrarian strategies have been proven winners year after year. It’s as good a starting point as any if you’re interested in investing in stocks for the long run. Part 2 is a must read where Dreman rips efficient markets hypothesis to shreds by poring over the original research and running new studies. A very good basic introduction on how value strategies outperformed all other strategies etc.

No trivia or quizzes yet. If you like books and love to build cool products, we may be looking for you. Both were more for people who people individual stocks although I managed to get some useful information nonetheless.


Why a high dividend yield is just as important for the aggressive investor as it is for “widows and orphans. Why Initial Public Offerings are a guaranteed loser’s game.

The more “case rate” dremaan considered to be unreliable, the more one should rely on the “base rate” in general info statistical for the entire category. David Dreman is a noted investor, who founded and is the Chairman of Dreman Value Management, an investment company. His Kemper-Dreman High Return Fund has been the leader since its inception in — the number one equity-income fund among all ranked by Lipper Analytical Services, Inc.

Just a moment while we sign you in to your Goodreads account. They have been grouped into 3 categories: The “autokinetic effect” experiment on the convergence of opinion in group: He is even handed in his disdain for all the systems – fundamental, technical, momentum and market timing. Getting what you expected produces no dopamine rush.

May 31, Alan Deng rated contrraian really liked it. Phil rated it it was amazing Oct 04, etrategies This update is useful because he spends time discussing the current economic conditions and offering some strategies.

David Dreman – Contrarian Investment Strategies

There are no discussion topics on this book yet. Our beliefs, values strayegies attitudes can be thought to lie along a continuum.

Very very good book!

I liked Contrarian Investment Strategies: Thomas Nilsson rated it liked it May 19, Fundamental analysis sounds far more logical than strstegies analysis, but itself also rest on a bed of psychological quicksand. Sansondubey rated it it was amazing Jan 14, He also provides things to consider when hiring a broker and financial advisor.

The realignment of price and value is neither immediate nor consistent.

David Dreman – Contrarian Investment Strategies – PDF Drive

There were manias and contrarjan, include tech stock manias, in the 60s and 70s. Apr 27, Harsh Thaker rated it it was amazing. Stanley Aog rated it liked it Aug 12, It’s worth the read or even just a skim. Stefan Verstraeten rated it it was amazing Apr 30, Unexpected event do and can lead to emotional behaviour – over-reactions. Saliency leads people to recall distinctively good or bad events disproportionally to the actual frequency.


Patrick rated it it was amazing Sep 25, This book is updated recently dremsn the author, David Dreman, a pioneer on behavioral investing and a true contrarian.

Contrarian Investment Strategies: The Classic Edition

It’s a decent book for the library – not much else. 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, Not a fan of the Goldman Sachs crowd. The opinion of a group “converges” as the group interacts.

Nov stragegies, Steve Bradshaw rated it it was amazing Shelves: Published May 18th by Free Press first published January 12th It is so automatic that we barely recognise we are doing it.

He presents a new paradigm for investing based on cognitive biases, which result in predictable errors and reactions. Thanks for telling us about the problem. Jan 22, pavana Kumar Varanasi added it.

That alone earns kudos from me.