Hi Steve, Re:Mr. Dreman's book..................
You, having lived through much of the history he discusses, will find much of that interesting. He goes into depth on various market events in dissecting the causes at the time. He also takes his time debunking Modern Portfolio Theory and much of the other investment theories that have been popularized over several decades. He then lays out tenants for some value measures and how history has been very kind to the stocks in those categories compared to more popular coat-tail chasing methods that have been popular.
I'm looking forward to hearing your thoughts in your "book review" when you've read it. I was heavily influenced by his 1977 book, "Psychology and the Stock Market" when I read it back in the '80s. This one is influential as well.
I found I had to read a section and then digest it for a few hours before moving onto the next. So, it took a while to get through the entire book.
Best wishes,
OAG Tom
Buy from the Scared; Sell to the Greedy.....
