General Investing >> Money Manager Interviews >> July 5, 1999

David N. Dreman – Dreman Value Management Llc

Dreman, David
David Dreman is Chairman of Dreman Value Management, LLC. He has published many scholarly articles and has written five books. Mr. Dreman is on the board of directors of the Institute of Behavioral Finance. Earlier, he worked as Director of Research for Rauscher Pierce, Senior Investment Officer with J&W Seligman, and Senior Editor of the Value Line Investment Service. He graduated from the University of Manitoba and took courses at Columbia University. He has spoken at a large number of CFA societies in the U.S. and abroad, as well at Harvard, the University of Chicago, the Wharton School, the University of California, Berkeley, and many other universities and national conferences on investments. Mr. Dreman's Kemper-Dreman High Return Fund was one of the best-performing mutual funds ever, ranking as the best of 255 funds in its peer groups from 1988 to 1998, according to Lipper Analytical Services. At the time, Mr. Dreman published Contrarian Investment Strategies: The Next Generation. In addition to managing money, Mr. Dreman is also a longtime Forbes magazine columnist. Profile
TWST: You are recognized as an experienced and highly skilled value

manager. What has been the hardest part of maintaining your successful

discipline in the market environment of the past few