From The Guru Investor:
Contrarian guru David Dreman says he's finding stocks as cheap as they've been at any time since 1982. Dreman tells Forbes' Steve Forbes that he's bullish because valuations are low, and companies have good cash flows and financial positions that are as strong as they've been in years.
... He says investors have been running from stocks because they fear volatility and they fear the economy will be in a depression-like malaise forever. He doesn't see that happening, and thinks all the fear has created numerous opportunities.
Dreman also talks a bit about portfolio management, saying he keeps a diversified portfolio of...
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