Contrarian guru David Dreman says he’s finding stocks as cheap as they’ve been at any time since 1982. Dreman tells Forbes’Steve Forbes that he’s bullish because valuations are low and companies have good cash flows and financial positions that are as strong as they’ve been in years. (A tip of the cap to Zack Miller of Tradestreaming.com for [...]
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Tag Archives: David Dreman
Dreman Likes U.S. & Canadian Markets
January 27, 2012
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Contrarian guru David Dreman says he’s finding the biggest investing opportunities right now in North American stocks. Dreman tells Canada’s Globe and Mail that over the long term — the past 25 years — the S&P 500 has basically been in a dead heat with more glamorous foreign markets. And, he adds, “There isn’t a [...]
Read moreDreman on How To Combat High-Frequency Trading
January 5, 2012
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Contrarian investor David Dreman say high-frequency trading is a “dark vulture” hovering over markets. And in his latest Forbes column, he offers a few tips on how individual investors can elude the beast. “In my forthcoming book, Contrarian Investment Strategies: The Psychological Edge … I detail the dangers of HFT firms that accentuate market movements [...]
Read moreGetting Contrarian With The Dreman Approach
December 9, 2011
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Every other issue of The Validea Hot List newsletter examines in detail one of John Reese’s computerized Guru Strategies. This latest issue looks at the David Dreman-inspired strategy, which has averaged annual returns of 6.3% since its July 2003 inception vs. 2.8% for the S&P 500. Below is an excerpt from the newsletter, along with several top-scoring [...]
Read moreDreman: Look Past the Fear — Now’s the Time to Buy
September 8, 2011
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While many investors have been fleeing stocks this summer, David Dreman says it’s a good time to be buying. “No, the market volatility and the seemingly never-ending Fed follies are certainly not what makes me positive on stocks today, but there are some good reasons to be bullish right now,” Dreman writes in his latest [...]
Read moreDreman: Bernanke Stuck in the Past on Jobs
July 13, 2011
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David Dreman says U.S. policymakers are approaching the employment problem with antiquated views, and policies that aren’t addressing the real issues with job creation. In his latest Forbes colunn, Dreman says that Fed Chairman Ben Bernanke “is fighting the monetary woes of the 1930s,” a period in which domestic stimulus led directly to increased domestic [...]
Read moreDreman: Prepare Now for Inflation
April 1, 2011
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In his latest Forbes column, David Dreman says investors should be preparing now for major inflation. “Several years back I recommended not to follow the dash out of stocks into Treasurys,” Dreman writes. “The greatest risk to investors today is not stock volatility but rapidly rising inflation. Whether inflation begins to shoot up this year [...]
Read moreDreman Positions Portfolio for Inflation
February 24, 2011
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David Dreman says stocks are generally cheap, but he’s still expecting that the U.S. will be jolted by a “really major dose of inflation” at some point down the line. “I’m not talking about at present — this could be two, three years out,” Dreman tells Forbes.com. “But I think we’re going to have a [...]
Read morePutting All Your Chips in Hot, High-Growth Areas? Think Again
February 10, 2011
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In a two-part series for Canada’s Globe and Mail, Validea CEO John Reese shows how chasing hot sectors or regions can lead to big trouble for stock investors. In Part I of the article, Reese looks at several back-tested portfolios to see how investors who tried to jump on stocks in hot-performing regions would have [...]
Read moreDreman: Fed Laying Groundwork for “Serious” Inflation
January 7, 2011
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In his latest Forbes column, David Dreman bashes Federal Reserve Chairman Ben Bernanke, and says it’s likely that the Fed’s continued quantitative easing will lead to “serious inflationary repercussions for years to come”. “As an economic elixir, printing money is a sop,” Dreman writes. “With interest rates already extremely low, it is unlikely to sway [...]
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