About the Author
Dreman Value Management, LLC, is a leading contrarian value investment management firm. Chairman David Dreman, a pioneer in the field of contrarian investment strategies and behavioral finance, began the current firm in 1997, after leading predecessor firms dating back to 1977. Since its founding, the firm has consistently stayed true to the contrarian style of investing.
Over the past 30 years, David Dreman has been at the forefront of research into contrarian value investing and behavioral finance, proving that over virtually every time period measured, stocks which were out of favor, as reflected by their price/earnings multiple, did significantly better than stocks considered to have more favorable outlooks. This research has led to five books on the topic.
These works include Mr. Dreman’s most recent book, Contrarian Investment Strategies: The Psychological Edge, which was published on January 12, 2012 by Simon & Schuster. His other widely acclaimed books were:
- Contrarian Investment Strategies: The Next Generation (1998)
- Psychology and the Stock Market (1977)
- Contrarian Investment Strategy: The Psychology of Stock Market Success (1980)
- The New Contrarian Investment Strategy (1982)
Articles dealing with the success of Mr. Dreman’s methods have also appeared in many national publications, including Money Magazine, Barron’s, The Wall Street Journal, The NewYork Times, Money and Fortune. Additionally, Mr.Dreman is a senior columnist for Forbes , where he has been writing a regularly published column, appropriately titled ” The Contrarian,” for over 30 years.