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David Dreman is a renowned investor, author, and pioneer of contrarian investing strategies. Born in 1936 in Winnipeg, Canada, Dreman graduated from the University of Manitoba in 1958. He founded Dreman Value Management in 1977, which grew to manage over $20 billion in assets. Dreman's contrarian approach focuses on buying undervalued stocks that others have overlooked or dismissed.
As a prolific writer, Dreman has authored multiple influential books on investing, including "Contrarian Investment Strategies: The Next Generation" and "Psychology and the Stock Market." He has also contributed a regular column to Forbes magazine for over 25 years, sharing his insights with a wide audience.
Dreman's investment philosophy was shaped by his early experiences in the market, including significant losses that taught him the importance of understanding market psychology. His research and writings have contributed significantly to the field of behavioral finance.
Beyond his professional achievements, Dreman serves on the board of directors of the Institute of Behavioral Finance and is known for his yacht aptly named "The Contrarian." He continues to be a respected voice in the investment community, advocating for a disciplined, value-oriented approach to investing.
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