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. Dreman reveals a proven, systematic,and safe way to beat the market by buying stocks of good companies when they are currently out of favour. 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 which 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.
Did you know you can trade in your old books for an Amazon.co.uk Gift Card to spend on the things you want? Visit the Books Trade-In Store for more details. Learn more. |
Book Description
Product details
Would you like to update product info or give feedback on images?
|
More About the Author
Discover books, learn about writers, and more.
Product Description
Review
"David Dreman is known on Wall Street as a contrarian, a label that fails to appreciate his deep knowledge of the market and research into investor psychology. In "Contrarian Investment Strategies: The Psychological Edge "Dreman lays bare the deficiencies of the efficient market hypothesis, the investment rationale that states stock prices incorporate all known information. He also provides decades worth of data to show the woeful inaccuracy of analysts' forecasts. With the knowledge that the Street is marching to a flawed drumbeat, Dreman offers advice on how to react when markets misprice assets. Dreman has made a career of leaning heavily against the prevailing wind and for the most part, been highly successful. For those wary of following the herd, Dreman's thinking is revealing." -Hebert Lash, Correspondent, Reuters
About the Author
David Dreman is the founder and chairman of Dreman Value Management L.L.C. in New York Red Bank, New Jersey, a firm which currently manages over 4 billion dollars of individual and institutional funds.
Inside This Book
(Learn More)
First Sentence
IMAGINE you are entering a deluxe, well-appointed casino. Read the first page
Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
IMAGINE you are entering a deluxe, well-appointed casino. Read the first page
Explore More
Concordance
Browse Sample PagesConcordance
Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
What Other Items Do Customers Buy After Viewing This Item?
Customer Reviews
Most Helpful Customer Reviews
12 of 12 people found the following review helpful
By A Customer
Format:Hardcover
An absolute knockout. Full of sound points and simple investment strategies, all backed up with solid evidence. Particularly amusing and interesting is Dreman's devastating deconstruction of the 'Efficient' Market Hypothesis. I find myself quoting this book frequently.
11 of 11 people found the following review helpful
By A Customer
Format:Hardcover
It sounds trite, but this is one of the best investment books I have read in a long time. David Dremen presents a well researched, intelligent defense of contrarian strategies. The insights regarding bonds and small caps were particularly helpful and offered a fresh perspective on the usual assumptions regarding these investment options.
While the books length may seem daunting, I was actually sorry to reach the end. If only more of the investment writing available were as well thought out as this book.
10 of 11 people found the following review helpful
By DF
Format:Hardcover|Amazon Verified Purchase
The content of this book is very good - David Dreman's strategies are very good and very well researched. However, the author's very heavy and laboured writing make this a tough read - I've read a lot of investment type books and this was the worst in that respect. In addition, Dreman seems to have quite an ego - he spends much of the book dismissing others' market theories - and while he may be correct he does it in quite a personal and almost obsessive way.
Would you like to see more reviews about this item?
›
Go to Amazon.com to see all 58 reviews
4.1 out of 5 stars
Were these reviews helpful?
Let us know
Most Recent Customer Reviews
5.0 out of 5 stars
Great book on value investing
I found this book to be an excellent illustration of value investing. The author says that most investors are aware that in order to succeed, they need to "buy low, and sell high,"... Read more
Published on 15 Nov 2009 by Mariusz Skonieczny
5.0 out of 5 stars
A MUST READ FOR ANYONE WHO LIKES OR WORKS ON WALL STREET!
I have read many books about Wall Street and the various investing techniques and I must say that David Dreman's book is truly remarkable. Read more
Published on 10 Jun 1998
5.0 out of 5 stars
Makes you step back reevaluate the market
Much has been said about contrarian investment strategies, and just as it has begun to fall out of favor, Dreman has answered the questions. Read more
Published on 14 May 1998
Listmania!
|
|
Look for similar items by category
Feedback
- Would you like to update product info or give feedback on images?
- I am the Author, and I want to comment on my book.
- I am the Publisher, and I want to comment on this book.
