David Dreman
David Dreman
David Dremanis an investor, who founded and is Chairman of Dreman Value Management, an investment company...
strong yield growth
We invest in undervalued companies that exhibit strong fundamentals, above-market dividend yields and historic earnings growth, which our analysis indicates will persist. Our strategy is to own strong, fundamentally sound companies and to avoid speculative stocks or potential bankruptcies.
ships strategy abandon
Investors repeatedly jump ship on a good strategy just because it hasn't worked so well lately, and, almost invariably, abandon it at precisely the wrong time.
teach conclusion always-wrong
Experience teaches us that when "everyone" comes to the same conclusion, that conclusion is just about always wrong.
psychology important understood
Psychology is probably the most important factor in the market - and one that is least understood.
investment commodity crucial
Patience is a crucial but rare investment commodity.
good growth knocked stock
good growth rate, (although) the stock has been knocked down sharply.
case litigation major
This was the major litigation case they had to get through.
crumble cut fear horizon people sell time
When people are frightened, they cut their time horizon dramatically, ... Even advisors will say to sell because they see portfolios crumble and they fear people will have nothing left. It's really not rational, but it does happen.
absolutely caught excitement far late paid people question saw
There's no question that people saw the excitement of the Internet, ... how important it would be. There was absolutely no question they caught it right in the late 1990s. But they paid far too much.
case helpful litigation states win
This win is very helpful on the litigation scene. This is a case that a lot of other states were watching.
affects guy hard influence markets psychology selling stock study sunny sure weather whether
I'm sure weather affects moods, but whether it also affects stock markets is hard to prove. If it's sunny in New York, how's it going to affect the guy selling in a real downpour in Mississippi? However, psychology does influence decision-making. The study should have some caveats.
coming earnings last leaving people shot somewhat strong three time
For the last two or three years, the earnings just shot through all the forecasts. We're still in a strong earnings environment, but at the same time we're getting somewhat more misses, and that, coming to a somewhat more jittery market, I think is leaving people concerned.
company hard major opened products pull scandal sorts sullivan took
Sullivan took a company that was really scandal ridden, and he has opened it up. On the other hand, will he pull off all sorts of new major products like Greenberg did? It's really hard to say.
bit closed good market time
I want to take a little bit more time now that the market has closed and take a good look. Is there anything really new here? I really don't know,