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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The difference is that Dreman proves to you through his research that value investing works.

Contrarian Investment Strategies in the Next Generation by David Dreman

The school technical analysis views that all fundamental information about a security has already been reflected in the price. Through this book, Dreman systematically demonstrated the absurdity of such an assumption, and proved that the market is everything but rational. His techniques have spawned countless imitators, most of whom pay lip service to the buzzword “contrarian,” but few can match his performance.

Very very good book! Open Preview See a Problem? Jul 31, Christopher Pepper rated it really liked it Shelves: Now, as the longest bull market in the history of the stock market winds down, there is increasing volatility and a great deal of uncertainty. Ablack rated it it was amazing May 23, Dreman pays only cursory attention to a company’s business fundamentals in deciding whether to invest in it.

See and discover other items: Excellent, though it fails to tell the whole story. Mastering the Market Cycle: To see what your friends thought of this book, please sign up. Lists with This Book. The converse is true for unpopular stocks—which have a lot of headroom and less downside risk.


A Deep Dive Into A Contrarian Investment Strategy | Seeking Alpha

Bin Li rated it it was amazing Vontrarian 13, Super marked it as to-read Mar 29, Our beliefs, values and attitudes can be thought to lie along a continuum. He presents research to show that investing in a certain way allows you to beat the market.

Published June 30th by Free Press first published May 18th There are very few traders who want to sell puts on the market so the cost of buying is normally high. Dreman shows that low multiples over time leads to higher returns and that this is not the consequence of higher risks.

Shashika marked it as to-read Nov 27, Ashiesh Bhatia rated it it was amazing May 08, Beware of market manipulation ComiXology Thousands of Digital Comics. Brian Moyer marked it as to-read Jan 22, 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. I thought it educational. The realignment of price and value is neither immediate nor consistent. Unexpected event do and can lead to emotional behaviour – over-reactions.

Want to Read saving…. Amazon Drive Cloud storage from Amazon. Kucho rated it really liked it Dec 25, The excessive use of credit is the first of many destructive characteristics most bubbles have in common.

It seemed like the first half of the book covered this and supported it with a great deal of research. The “autokinetic effect” experiment on the convergence of opinion in group: See all 62 reviews. To see what your friends thought of this book, please sign up.


Dremans method is very similiar to value investing preached by a number of other famous investors.

Apr 27, Harsh Thaker rated it it was amazing. Ryan rated it liked it Jul 18, And then Dreman gives data to prove this.

Aug 20, InvestingByTheBooks. I get it, you don’t believe efficient market theory. Top Reviews Most recent Top Reviews. When the dependency on physical realty is low, the dependency dremxn social reality is bond to be high, as man, psychologically, can only take up to a certain level of uncertainty.

That alone earns kudos from me. Leah Bennett rated it liked it Apr 14, Amazon Music Stream millions of investmrnt. The text becomes a bit impersonal.

I wrote this article myself, and it expresses my own opinions.

Contrarian Investment Strategies in the Next Generation

Ships from and sold by Amazon. 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 The New York Times calls “witty and clear as a silver bell.

The more “case rate” is considered to be unreliable, the more one should rely on the “base rate” in general info statistical for the entire category.