When that person is contrarian investor David Dreman ... I guarantee you that you’ve never heard of the biggest position in the Dreman mutual fund at the end of last year. It wasn’t in social networking or cloud computing or any other headline-grabbing.
For a deeper understanding of what it really means to be a contrarian , it pays to learn more about the history of this investing style. Read more about the investing careers of some notable contrarians, such as David Dreman , Jim Rogers, Warren Buffett.
Mark Roach, a comanager of Dreman Contrarian Small Cap Value, likes to describe the companies the fund owns as "straw hats in the winter." These businesses, which he also refers to as "fallen angels," have solid models but are temporarily out of favor.
Before leaving in March 2001, Mr. Littauer served as managing director of Scudder Kemper Investments Inc. and as head of its Asia Pacific and Americas global mutual ... funds, and funds of hedge funds. Dreman already has developed a long-short contrarian.
Veteran investment adviser David Dreman , author of the classic 1980 book Contrarian Investment Strategy, is a hunter of extreme value. His philosophy: “We believe that the markets are not perfectly efficient.” Some .... Choose ETFs or conventional.
He is the author of several well-known books, including the 1982 classic Contrarian Investment Strategies. His firm, Dreman Value Management, in Jersey City, N.J., manages nearly $8 billion in mutual fund assets under the DWS Scudder and SunAmerica labels.
Also, stocks have an overall advantage over fixed-income investments because of the equity risk premium or the notion that they return more over the long haul because investors demand higher returns in exchange for more short-term volatility. David.
Famed contrarian investor David Dreman found that from 1973 to 1993, of the 78,695 corporate earnings estimates he examined, there was a one-in-170 chance that analysts' projections would fall within plus or minus 5% of the actual number. The smartest.
With EPS up 23%, Qualcomm reported even better numbers, but its share price sunk on word that Apple (AAPL) was suing Qualcomm for $1 billion, asserting that it had been overcharged that much for Qualcomm's computer chips. It didn't help that the U.S. .
The lauded founder and chairman of Dreman Value Management manages more than $4 billion of individual and institutional funds . His contrarian -value investing approach teaches how to profitably invest and avoid falling prey to manias and panics.
One advantage closed end funds have is that the investment pool is relatively fixed and not subject to daily inflows and outflows that plague typical open end mutual funds , where the fund manager must keep an allocation to cash in order to finance.
Fund was one of the best-performing mutual funds ever, ranking number one out of 255 funds in its peer groups from 1988 to 1998, according to Lipper Analytical Services. And when Dreman published Contrarian Investment Strategies: The Next Generation.
Basic materials: Teck Resources, the Canadian producer of zinc and other natural resources, fits into the strategy of David Dreman , a contrarian investor who tries to identify stocks that have been overlooked. Teck's debt-to-equity ratio of 47.8 per.