David Dreman

Last Update: 05-18-2015

Number of Stocks: 416
Number of New Stocks: 43

Total Value: $1,157 Mil
Q/Q Turnover: 14%

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 (%)
2011-3.852.11-6.0
200933.2426.466.8
2008-45.06-37-8.1
3-Year Cumulative-29.6 (-11%/year)-18.6 (-6.6%/year)-11 (-4.4%/year)
2007-2.775.49-8.3
200617.6215.791.8
5-Year Cumulative-19.5 (-4.2%/year)-0.6 (-0.1%/year)-18.9 (-4.1%/year)
20058.624.913.7
200412.6510.881.8

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

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Guru Stocks at 52-Week Lows: XOM, WMT, VZ, PTR, RDS.A
According to GuruFocus list of 52-week lows, these Guru stocks have reached their 52-week lows. More...

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Ford's Economies of Scale and the Three F's
In this article, let's take a look at Ford Motor Co. (NYSE:F), the second-largest U.S. producer of cars and trucks. The stock is trading between its 52-week price range (about 14% above the minimum and 16% below the peak), so this makes investors show increased interest as price nears either the high or the low. More...

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7 Cheap Dividend Stocks Trading for Less Than $10 David Dreman - 7 Cheap Dividend Stocks Trading For Less Than $10
“Price is what you pay. Value is what you get” More...

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Cold Cash and Small Banks Charlie Munger,David Dreman - Cold Cash And Small Banks
One of the best lessons you can learn is that there are plenty of people out there that are smarter than you. More...

COMMUNITY BANKS, Financial, Bank


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Weekly CEO Buys Highlight: TPC, GBDC, NUVA, TEGP, JOY
According to GuruFocus Insider Data, these are the largest CEO buys during the past week. The overall trend of CEOs is illustrated in the chart below: More...

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Weekly CEO Buys Highlight: TPC, NUVA, PHII, GBDC, ARO
According to GuruFocus Insider Data, these are the largest CEO buys during the past week. The overall trend of CEOs is illustrated in the chart below: More...

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5-year lows: Fifth Street Finance Corporation, ARMOUR Residential REIT Inc, Adtran Inc, and Coach Inc.
According to GuruFocus list of 5-year lows, these Guru stocks have reached their 5-year lows: Fifth Street Finance Corporation, ARMOUR Residential REIT Inc, Adtran Inc, and Coach Inc. More...

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Weekly CEO Buys Highlight: NUVA, HK, BKFS, PODD, CLF
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STOCKS


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David Dreman Reinvests in Two Former Holdings in First Quarter David Dreman - David Dreman Reinvests In Two Former Holdings In First Quarter
David Dreman (Trades, Portfolio), founder, chairman and CIO of Dreman Value Management, has a reputation for being a contrarian investor who takes a low P/E approach to his stock choices. He believes markets are not perfectly efficient and that investor actions are influenced by behavioral psychology. More...

David Dreman


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Weekly CEO Buys Highlight: WST, PHII, CLMS, CSBK, AMRC
According to GuruFocus Insider Data, these are the largest CEO buys during the past week. The overall trend of CEO buys is illustrated in the chart below: More...

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Weekly Guru Bargains Highlights: SBUX, EC, FCX, NOV, PBR.A
According to GuruFocus updates, these stocks have declined the most since Gurus have bought. More...

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A Recent Spin-Off Down 25%
Enova (ENVA) is an online consumer-facing lender. Spun-off from Cash America International (CSH) in 2014, the separation created two companies oriented to serving the capital needs of consumers through distinctively different business models; one through a traditional storefront network (Cash America) and the other solely through the internet (Enova). More...

LENDING,BANK,INTERNET,TECHNOLOGY


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Weekly CEO Buys Highlight: NRZ, BH, OPK, DRI, CLMS
According to GuruFocus Insider Data, these are the largest CEO buys during the past week. The overall trend of CEOs is illustrated in the chart below: More...

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Some Reasons to Reduce Holdings in Avon
In this article, let's take a look at Avon Products Inc. (NYSE:AVP), a $3.43 billion market cap company, which is the world's leading direct marketer of cosmetics, toiletries, fashion jewelry and fragrances, with about 6 million sales representatives worldwide. More...

Avon


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Weekly 3-Year Low Highlights: TKC, IRET, BV, PTNR
According to GuruFocus list of 3-year lows; Turkcell Iletisim Hizmetleri AS, Investors Real Estate Trust, Bazaarvoice Inc, Partner Communications Co Ltd have all reached their 3-year lows. More...

WEEKLY, 3, YEAR, LOW, HIGHLIGHTS


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Weekly Guru Bargains Highlights: NOV, PBR.A, EC, VALE, SSL
According to GuruFocus updates, these stocks have declined the most since Gurus have bought. More...

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Only Buy Luxury At A Deep Discount Warren Buffett,David Dreman - Only Buy Luxury At A Deep Discount
Most readers of this article will already be quite familiar with the theory of efficient markets which contends that the stocks that trade in the public markets are always fairly valued as the markets act “efficiently” to incorporate all of the information available into the price of any given stock at any given moment. However, if that contention were correct, there would have been no place or success for famed value investors such as Benjamin Graham, Warren Buffett (Trades, Portfolio), John Templeton and David Dreman (Trades, Portfolio). More...

LONG, LUXURY RETAIL


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Horace Mann Has Been Increasing Dividends Over the Last Seven Years
In this article, let's take a look at Horace Mann Educators Corp. (NYSE:HMN), a $1.37 billion market cap company, which operates as a multiline insurance company. More...

Horace Mann


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Weekly CEO Buys Highlight: S, OPK, CAPL, CLF, MOSY
According to GuruFocus Insider Data, these are the largest CEO buys during the past week. The overall trend of CEOs is illustrated in the chart below: More...

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David Dreman bets on Barnes Group Inc.
David Dreman (Trades, Portfolio) 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. Three years back, in 2012, he published his last book, “Contrarian Investment Strategies: The Psychological Edge." More...

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