David Dreman

Last Update: 2014-11-14

Number of Stocks: 466
Number of New Stocks: 63

Total Value: $1,229 Mil
Q/Q Turnover: 4%

Countries: USA
Details: Top Buys | Top Sales | Top Holdings  Embed:

David Dreman' s Profile & Performance

Profile

David Dreman is the founder and Chairman of Dreman Value Management, LLC and also serves as the firm's Chief Investment Officer. A regular columnist for Forbes for 25 years, Mr. Dreman's recent best-selling book, "Contrarian Investment Strategies: The Next Generation?" was published in the spring of 1998.

Web Page:http://www.dreman.com/news/

Investing Philosophy

The Contrarian and the value guru, Dreman's investment philosophy is based on low P/E approach to stock selection. The philosophy at Dreman Value Management: "We invest in undervalued companies that exhibit strong fundamentals, above-market dividend yields and historic earnings growth, which our analysis indicates will persist. Our strategy is to own strong, fundamentally sound companies and to avoid speculative stocks or potential bankruptcies." They believe that the markets are not perfectly efficient, and that behavioral psychology influences investor actions and reactions.

Total Holding History

Performance of Large Cap Fund ¨C Institution

YearReturn (%)S&P500 (%)Excess Gain (%)
2011-3.852.08-5.9
200933.2426.466.8
2008-45.06-37-8.1
3-Year Cumulative-29.6 (-11%/year)-18.7 (-6.7%/year)-10.9 (-4.3%/year)
2007-2.775.61-8.4
200617.6215.791.8
5-Year Cumulative-19.5 (-4.2%/year)-0.5 (-0.1%/year)-19 (-4.1%/year)
20058.624.913.7
200412.65120.6

Top Ranked Articles

Stock Market Valuation: September 1, 2011
I started this monthly market valuation series in December 2009. The motivation for the article was to debunk the pundits stating that the market was overvalued because PE TTM was 87. This was ridiculous because earnings were deflated by the worst economic crisis since the great depression. However, the question was how to value the market from a purely quantitative methodology; while ignoring all the outside noise and macro predictions of where the economy is headed. I looked for several different metrics to evaluate the market which over time have proven to be effective and decided to look at all the metrics, instead of just focusing on the last 12 months of earnings. Read more...
Jacob Wolinsky Interviews Legendary Value Investor David Dreman
David Dreman’s bio from Dreman.com: Read more...
Stock Market Valuation: October 1, 2011
I started this monthly market valuation series in December 2009. The motivation for the article was that I was getting tired of hearing that the market was overvalued because P/E TTM was 87. This was ridiculous because earnings were deflated by the worst economic crash since the great depression. However, the question was how to value the market from a purely quantitative methodology, while ignoring all the outside noise and macro predictions of where the economy is headed. I looked for several different metrics to evaluate the market which over time have proven to be effective and decided to look at all the metrics, instead of just focusing on the last 12 months of earnings. Read more...
David Dreman: A Very Undervalued Value Investor
When people think of some of the greatest investors and thinkers of our time names like Warren Buffett, and George Soros come to mind. Many other investors are highly respected inside and outside the value investing world, Bruce Berkowitz being a good example. Read more...
Three Top Investors Bet Big on the Inevitable
The most powerful people in the financial world are doing anything they can to prevent it. Read more...
» More David Dreman Articles

Commentaries and Stories

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Time to Choose the Investment Guru of the Year Bruce Berkowitz,David Dreman - Time To Choose The Investment Guru Of The Year
We’re nearing the end of the year, and that means one thing here at GuruFocus. It’s time again for GuruFocus’ readers to choose the Investment Guru of the Year. More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

BB&T's Bright Future Will Help Growth
In this article, let's take a look at BB&T Corp (BBT), a $27.44 billion market cap company with assets of $187 billion on September 30, 2014. It is the 11th-largest U.S. bank by assets, operating some 1,750 branches, mainly in the Southeast U.S. More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Tyson Foods Faces Strong Cost Volatility
In this article, let's take a look at Tyson Foods, Inc. (TSN), a $15.52 billion market cap company that is one of the world's largest suppliers of beef, chicken, pork and prepared foods. More...

  • Currently 3.50/5

Rating: 3.5/5 (2 votes)

A Buy or a Sell Recommendation? David Dreman,Jim Simons - A Buy Or A Sell Recommendation?
 Avista Corp. (AVA) is a $2.13 billion market cap energy company that generates, transmits and distributes energy as well as engages in energy-related businesses in the United States and Canada. More...

valuation, gordon growth model, required rate of return, dividend growth rate


  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Consolidated Edison Has Increased Dividends for 40 Years
In this article, let's take a look at Consolidated Edison, Inc. (ED), a $18.13 billion market cap company that is an electric and gas utility holding company that serves parts of New York, New Jersey and Pennsylvania. More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

What are the Gurus Buying? George Soros,David Dreman - What Are The Gurus Buying?
You should never blindly follow the investment moves of anyone—not even masters of the universe like Carl Icahn (Trades, Portfolio) or George Soros (Trades, Portfolio). You never know what their investment game plan is or whether a stock position is part of a larger multi-stock trade. More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

David Dreman Purchases 62 New Holdings in Q3 David Dreman,Joel Greenblatt,Prem Watsa,Mario Gabe - David Dreman Purchases 62 New Holdings In Q3
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. More...

DAVID DREMAN, DREMAN VALUE MANAGEMENT, RAYONIER ADVANCED MATERIALS, RAYONIER, ITT CORP


  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

AES Corporation with Significant Earnings Per Share Improvement
In this article, let's take a look at The AES Corporation (AES), a $9.93 billion market cap company that is the world's largest independent power producer. More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Quantitative Reasons to Invest in State Street
In this article, let's take a look at State Street Corporation (STT), a $31.6 billion market cap bank holding company, with over $27 trillion of assets under custody and $2 trillion of assets under management. More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Verizon's Competition is Higher but Not Enough Yet
In this article, let's take a look at Verizon Communications Inc. (VZ), a $213.3 billion market cap company that is a provider of communications, information and entertainment products and services to consumers, businesses and governmental agencies with a presence in over 150 countries around the world. More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Walmart is Set to Report Q3 Fiscal 2015
In this article, let's take a look at the intrinsic value of Walmart Stores Inc. (WMT), a $257.38 billion market cap companythat is the largest retailer in the world, operating a chain of over 10,000 discount department stores, wholesale clubs, supermarkets and supercenters. More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Guru Stocks at 52-Week Lows: IBM, SNY, SAN, RIO, E
According to GuruFocus list of 52-week lows, these Guru stocks have reached their 52-week lows. More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Acquisition Strategy Will Benefit ConAgra Foods
In this article, let's take a look at ConAgra Foods, Inc. (CAG), a $14.41 billion market cap company that is one of the larger U.S. food companies, with a number of widely known brands. More...

  • Currently 4.00/5

Rating: 4.0/5 (1 vote)

Honda's Risks Don't Scare Me
In this article, let's take a look at Honda Motor Co Ltd (HMC), a $55.31 billion market cap company that is one of the world's largest automobile manufacturers and is the largest manufacturer of motorcycles, which operates in an industry that is so cyclical that in bad times even the best automakers could have problems. More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

An Agricultural Leader with Good Prospects
In this article, let's take a look at Deere & Company (DE), a $30.49 billion market cap company that is the world's biggest producer of farm equipment, as well as a large maker of construction machinery and lawn and garden equipment with a brand name that has been in the industry for 175 years. More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

A Dividend Hike That Justify the Trading Price
In this article, let´s consider Lexmark International Inc. (LXK), a $2.57 billion market cap that has a trailing P/E ratio that indicates the stock is relatively undervalued (PE 12.7x vs Industry Median 30.5x). More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

State Street: A Good Business Model
In this article, let's take a look at State Street Corporation (STT), a $29.10 billion market cap bank holding company with more than $27 trillion of assets under custody and $2 trillion of assets under management. It operates in 26 countries and more than 100 geographic markets worldwide. More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Toyota Stock Drops Following Announcement of Recalls David Dreman,Jeff Auxier - Toyota Stock Drops Following Announcement Of Recalls
Japanese automaker Toyota (TM) – rated the world’s largest automobile manufacturer (by production) in 2012 by the Paris-based International Organization of Motor Vehicle Manufacturers (OICA) – issued three recalls last week, affecting more than 1.7 million vehicles worldwide. More...

Cars, Vehicles, Toyota, GM, Honda, Ford, Volkswagon, Recall


  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

A Long Recommendation for Darden Restaurants David Dreman - A Long Recommendation For Darden Restaurants
In this article, let's take a look at Darden Restaurants, Inc. (DRI), the nation's largest casual dining restaurant company, which owns and operates more than 2,100 restaurants that generate over $8.5 billion in annual sales. More...

Restaurants, Darden Restaurants, Dining, Food


  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Weekly Guru Bargains Highlights: DB, MT, NBL, EC, UBS
According to GuruFocus updates, these stocks have declined the most since Gurus have bought. More...

Add Notes, Comments

If you want to ask a question, or report a bug, please create a support ticket.

User Comments

No comment yet

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK