David Dreman
David Dreman
David Dremanis an investor, who founded and is Chairman of Dreman Value Management, an investment company...
oil stay stock
Stay in the stock market, in the oil sector.
good growth knocked stock
good growth rate, (although) the stock has been knocked down sharply.
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.
financial interest percent rates stocks
There's a lot of nervousness with what interest rates are doing, ... Financial stocks are up 3 percent one day and down 3 percent the next.
best couple demand disaster higher natural oil prices sidelines simply stay whenever
Whenever you get some kind of natural disaster, the best thing is to stay on the sidelines for the first couple days. We'll see higher oil prices from here on in. Demand is simply outstripping supply.
optimistic analysts
Analysts have always been overly optimistic.
judging growth looks
One of the big problems with growth investing is that we can't estimate earnings very well. I really want to buy growth at value prices. I always look at trailing earnings when I judge stocks.
book yield cash-flow
I buy stocks when they are battered. I am strict with my discipline. I always buy stocks with low price-earnings ratios, low price-to-book value ratios and higher-than-average yield. Academic studies have shown that a strategy of buying out-of-favor stocks with low P/E, price-to-book and price-to-cash flow ratios outperforms the market pretty consistently over long periods of time.
blood rothschild lord
I paraphrase Lord Rothschild: ‘The time to buy is when there's blood on the streets.'
years three patient
If you have good stocks and you really know them, you'll make money if you're patient over three years or more.
favors company happens
Favored stocks underperform the market, while out-of-favor companies outperform the market, but the reappraisal often happens slowly, even glacially.
fashion work-out investing
Demanding immediate success invariably leads to playing the fads or fashions currently performing well rather than investing on a solid basis. A course of investment, once charted, should be given time to work out. Patience is a crucial but rare investment commodity.
business finance beats
Nobody beats the market, they say. Except for those of those of us who do.
perception division credit
Bank One has got one of the best credit card divisions, ... The perception of investors is that financial services stocks are affected by interest rates and they're not.