Notes To David Dreman's Contrarian Investment Strategies by Redfield, Blonsky & Co
December 23, 2005
Quick Notes to book I read many years ago. "Contrarian Investment Strategies: The Psychological Edge." The author is David Dreman.
- Investor psychology is an enormous barrier. "The success of contrarian investment strategies requires you at times to go against gut reactions, the prevailing beliefs in the market-place, and the experts you respect."
- "It is hard to stay unaffected by psychological pressures, as I've too often found in free-falling markets. No matter how often you have been there or how much you've read, you can't escape the fear.
- Investors go wrong in a systematic and predictable manner.
- Return on Equity is one of the most important ratios. Another...

