Contrarian Investment Strategies in the Next Generation has 21 ratings and 2 Canadian born value investor David Dreman founded New Jersey based. David Dreman’s name is synonymous with the term ‘contrarian investing’, and . In Contrarian Investment Strategies: The Next Generation, Dreman’s focus on. His other widely acclaimed books were: Contrarian Investment Strategies: The Next Generation, (), Psychology and the Stock Market, ();Contrarian.

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Stocks have traditionally gone up if we see inflation coming. The rise had caught virtually every expert flat-footed. A historian reading about this market, at the turn of the twenty-second century, might chuckle at the obvious aberrations taking place now, just as I was amused looking back at People, as chapter 11 demonstrates conclusively, are consistently too optimistic about stocks that appear to have good prospects and too pessimistic about those having so-so outlooks.

Nevertheless, though the fusillades may have sent a few of my feathers flying – not to mention on occasion raising my blood nsxt – they have never undermined the work.

A Deep Dive Into A Contrarian Investment Strategy | Seeking Alpha

Before all else, a successful strategy requires a strong defense: Using the approach and the new tools I will outline, you should be able to enhance your investment performance. We respect your privacy no spam ever. For added protection, Dreman also employed demanding fundamental analysis, preferring to buy larger company stocks with signs of earnings growth and financial strength.


No matter how often you’ve been there or how much you’ve read, you can’t escape the fear. This book is jam packed with insights and it was far ahead of its time.

David Dreman – Contrarian Investment Strategies – PDF Drive

Strtegies this reason, it is important to address this issue to clearly understand where these ideas originate, and where they go wrong. Experts and average investors all agreed this market was unique. If they don’t work for a while, most people, even those with strong convictions, quickly discard them.

Perhaps he or she will wonder, what were those late-twentieth-century investors smoking?

Even money managers want to buy hot stocks, and they waive their valuation rules. Overreaction occurs in most areas of strtegies behavior, from the booing and catcalls of hometown fans if the Chicago Bulls or any other good team loses a few consecutive games, to the loss of China and the subsequent outbreak of McCarthyism.

David Dreman – Contrarian Investment Strategies

Only by understanding how powerful the tug of these forces can be will you be able to harness them. He resides with his wife and two children in Aspen, Colorado, and on the family yacht, The Contrarian. It sounds almost simplistic, but it isn’t. Yet over the next few years, they became leading market performers. The book will also look at a number of important issues not related to contrarian strategies.


In lateinvestors disdained pharmaceutical and other health-care stocks. What I hope to show is that, although the study of investor psychology is still in its early stages, there is a body of research conducted by outstanding psychologists in recent decades, that provides us with patterns of predictable investors errors.

Return to Book Page. To see what your friends thought of this book, please sign up. Jon Raccah marked it as to-read Jan 02, Compared to what consensus forecasts something unexpected always pops up. A level to moderately down market was the best that could be davjd. Mary marked it as to-read Feb 05, The most important of these is how to invest for the long term. Tim marked it as to-read Feb 22, We’ve studied, extracted and computerized the methodology allowing stocks to be screened and ranked based on the value method.

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No, even knowing the strong odds a strategy will work, you will be faced with immense psychological pressures to follow exactly the opposite course. Goodreads helps you keep track of books you want to read.