In his books, David Dreman presents a proven strategy for investing while also addressing the psychological reasons that many investors fail. Contrarian Investment Strategies has ratings and 18 reviews. Ming Wen said : David Dreman’s Contrarian Investment Strategy should occupy the 3rd place. Contrarian Investment Strategies in the Next Generation has 21 ratings and 2 Canadian born value investor David Dreman founded New Jersey based.

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No trivia or quizzes yet. Buy the selected items together This item: His techniques have spawned countless imitators, most of whom pay lip service drsman the buzzword “contrarian,” but few can match his performance. Karthik Chinni rated it really liked it Jan 23, The wealth of research convinced me that Dremans methods were not datamining and were not strateyies to certain market environments.

Return to Book Page. Gert Van Huynegem rated it liked it Sep 22, Share your thoughts with other customers. No trivia or quizzes yet. And more, and more. Published May 18th by Free Press first published January 12th That alone earns kudos from me.

All strategies are in a great way backed up with academic evidence that they actually do work. Dreman cuts through the clutter of prevailing investment fads and delivers a solid approach to investing based on his experiences and careful statistical research.

Will marked it as to-read May 20, He also showed that compared to the initial event trigger the surprisea reinforcing event has limited impact to the performance. Representativeness – natural human tendency to draw analogies and see identical strtaegies where none exist.


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Lists with This Book. SSB marked it strategiws to-read Feb 02, Overall I liked this book. Goodreads helps you keep track of books you want to read. This is a great book and it is exactly what I expected, he is trying to teach you how to make money and presents a HIGHLY convincing case for why contrarian investing is the best method for investing by breaking down the flaws in current methods and explain how one can profit dontrarian these common mistakes that will continue into the foreseeable future.

This fallacy explains why most Wall Street insiders were strstegies about stocks inafter six years of falling prices, just before the beginning of the greatest bull market ever.

Saliency leads people to recall distinctively good or bad events disproportionally to the actual frequency. Dreman gives one the information needed to help perfect the art of value investing.

Contrarian investing isn’t for the lighthearted, and I should note that our portfolios that track the Dreman model have had great periods of returns but long periods of underperformance as well. His techniques have spawned countless imitators, most of whom pay lip service to the buzzword “contrarian,” but few can match his performance. So one should always try to transfer a complex configural problem into a serial problem before trying to solve it Psychology in Statistics: It is not a paint by numbers book or something that will guarantee success, but good fundamental education and a way of looking at investing.

Hardcoverpages. During the summer InvestingByTheBooks will review some older books that we never got around to writing about although we think they are important. Ships from and sold by Amazon. In fact, he was fired onMarch for his losses,at the bottom of the markets decline, when he was screaming buying in that moment was a great opportunity!


Such a great classic and simple book. Tomas marked it as to-read Jan 27, But its intellectual depth and thoroughly tested advice make many other investment books look paltry and superficial by comparison. Recency – people think disasters are more likely because they have happened recently.

Dreman devotes many pages to debunking their research.

A Deep Dive Into A Contrarian Investment Strategy | Seeking Alpha

There was a problem filtering reviews right now. Investing is an art rather than a science. Jul 25, Yang Ming Wen rated it really liked it. Read the original if you can. Just a moment while we sign you in to your Goodreads account. Dreman is also one of a handful of money managers whose clients have beaten the runaway market over the past five, ten, and fifteen years. It’s not needed but would help to know statistics as this book is riddled with graphs about his various experiments and some stats jargon.

It was a bit long winded and several chapters are more appropriately technical papers for an investing journal.

Contrarian Investment Strategies in the Next Generation by David Dreman

More recently precious metals have been better and that is where I have been instead of stocks. Open Preview See a Problem? Ablack rated it it was amazing May 23,