Description of The New Contrarian Investment Strategy
In this thoroughly updated revision of his highly successful and influential book, Dreman analyzes the investment climate of the 1980s with its widely swinging markets and interest rates; shows how the investor can take advantage of these fluctuations; and gives his own contrarian assessment of the current trends. He explains:
ÊWhy we are entering the greatest bull market of the century
How to select superior stocks
When to sell
How to protect yourself and benefit from today's wildly fluctuating interest rates
ÊWhy the advice of brokers and investment advisors is most often wrong
When to look into bonds, money market funds, financial futures, options, as well as the host of new financial instruments developed in the past few years.
Based on extensive financial research and a subtle understanding of the psychological forces that shape the market, Dreman's techniques, which have been explored more fully in this book, are built on conservative investment principles designed always to limit potential downside.
'That rarity - an extremely readable and useful book that will be of great value to both layman and the professional.' Warren Buffet 'When all about you are losing their heads - read this book.' Andrew Tobias
Contents of The New Contrarian Investment Strategy
Part One: Current Investment Practice 1. Investing in a World Turned Upside Down 2. Can You Read The Future? 3. Fundamental Analysis - The Slippery Rock Part Two: Understanding Your Psychological Odds 4. The Strange World of Reality 5. The Not-so-Expert 6. Avoiding Bad Market Odds Part Three: A Workable Investment Strategy 7. The Low Price/Earnings Ratio Investment Strategy : What Is It? 8. Why Low P/E Strategies Work: The Failure of Forecasting Techniques 9. How to Use Low P/E Investment Strategies 10. Your Broker and the Fastest Games in Town 11. How You Can Turn Benefit from Innovative Financial Tools