Investment Strategies shows investors how to outperform professional
money managers and profit from potential Wall Street panics
- all in Dreman's trademark style, which the New York Times
calls 'witty and clear as a silver bell'.
a proven, systematic and safe way to beat the market by buying
stocks of good companies when they are currently out of favor.
At the heart of his book is a fundamental psychological insight:
investors overreact. Dreman demonstrates how investors consistently
overvalue the so-called 'best' stocks and undervalue the so-called
'worst' stocks, and how earnings and other surprises affect
the best and worst stocks in opposite ways. Since surprises
are a way of life in the market, Dreman shows you how to profit
from these surprises with his ingenious new techniques, most
of which have been developed in the nineties.
- Why contrarian
stocks offer extra protection in bear markets, as well as delivering
superior returns when the bull roars.
- Why a
high dividend yield is just as important for the aggressive
investor as it is for 'widows and orphans'.
- Why owning
Treasury bills and government bonds is like being fully margined
at the top of the 1929 market.
- Why initial
Public Offerings are a guaranteed loser's game.
- Why you
should avoid NASDAQ ('the market of the next hundred years'
) like the plague.
- Why crisis,
panic and market downturn are the contrarian's best friend.
- Why the
chances of hitting a home run using professional research are
worse than being the big winner in the New York State Lottery.