Legendary Contrarian Investor David Dreman To Join GuruFocus in Q&A With Readers

Author's Avatar
Feb 19, 2015
Article's Main Image

Legendary Contrarian Investor 

David Dreman (Trades, Portfolio) of Dreman Value Management will be joining GuruFocus for a Q&A session in the next few weeks. Do you have questions about his investing philosophy or top holdings? Post them in the comments section below and check back for his answers.

About David

David Dreman (Trades, Portfolio) is a noted contrarian investor and pioneer in behavior finance. His research has proven that stock that are out of favor as indicated by their P/E ratio performed significantly better than those considered to have better outlooks. Dreman has published five books on this topic; the most recent was Contrarian Investment Strategies: The Psychological Edge, published in 2012.

In addition to his books, Dreman has been a regular columnist for Forbes magazine for 30 years. His research findings have also been published in journals such as The Journal of Behavioral Finance, Financial Analysts Journal, and The Journal of Investing.

Performance

The average annual total return of the Small Cap Value Fund at the end of the fourth quarter was 5.34%, compared to 9.4% for the Russell 2000 Value Index. Since inception in 2003, the fund had an average annual return of 11% versus the Index’s 8.04%.

The fund’s top five holdings during the quarter were American Axle & Mfg. Holdings (AXL), Protective Life Corp (PL), Brinker International (EAT), Microsemi Corp (MSCC), and Aircastle (AYR).

In a 2012 interview with Forbes, Dreman said the firm has a mix of low P/E funds, and that over long enough time periods, low P/E small cap stocks outperformed everything around.

Be sure to also submit your questions to

David Herro (Trades, Portfolio) of Oakmark Funds here.

Also check out:
Rating:
5 / 5 (1 votes)
13 Comments
Load More
Author's Avatar
WRITTEN BY

Request A Demo

Learn more about GuruFocus' key features, including All-In-One Screener, backtesting, 30-year financial, stock summary page, guru trades, insider trades, excel Add-in, google sheets and much more.

GuruFocus Screeners

Related Articles