David Dreman likes to hold out-of-favor stocks like tobacco and food company Altria and scandal-scarred mortgage-backers Fannie Mae and Freddie Mac -- a stance that, while often at odds with Wall Street, has made him one of its top investors.
Being a contrarian is the hallmark of Dreman's strategy, along with a willingness to trade little and wait years for a payoff. That investment philosophy came about after a hard lesson: He allowed the euphoria of a great bull rally to get the best of him in the late 1960s, when he first arrived on Wall Street.
Track Gurus’ Stock Purchases Daily – Real Time Guru Picks
GuruFocus "Real Time Picks" reports the stock purchases and sales that Gurus have made within the prior 2 weeks. The report time lag can be as short as 3 days after the date of the transaction. This is just one of the features provided with GuruFocus Premium Membership.
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More) Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names