David Dreman
David Dreman is the Chairman and Chief Investment Officer of Dreman Value Management. For more than 30 years, he has been at the forefront of research into contrarian value investing and behavioral finance. This research has led to five widely-acclaimed books on the topic. Articles dealing with his methods have also appeared in many national publications, including The Wall Street Journal, Barron's, The NewYork Times, and Fortune. Dreman is also a senior columnist for Forbes, where he has been writing a regularly published column for over 30 years.
David Dreman Professional Experience / Academic History
Professional Experience
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Chairman and Chief Investment Officer
Academic History
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Bachelor's Degree
- Dreman’s application of contrarian investing is a form of value investing.
- He considers markets irrational and believes there is a difference between a company’s stock price and its overall value.
- The reason this belief is considered contrarian is because of the popular efficient market hypothesis.
- He does not use technical analysis to pick winning stocks. He uses the opposite—fundamental analysis.
- He has proven that every company has key ratios that can be calculated to find stocks with the highest chance of success.