David Dreman (Trades, Portfolio) founded Dreman Value Management in 1977, a contrarian value investing firm. During the third quarter, Dreman purchased 62 new stocks and added to the fund’s position in 42 more. He also divested 79 stocks and reduced the position in 36 holdings.
Dreman, a pioneer in behavioral finance, is the author of five books, the most recent of which is Contrarian Investment Strategies: The Psychological Edge. In addition, he has been a senior columnist at Forbes for more than 30 years, where his column is called The Contrarian. Continue Reading »