Investors repeatedly jump ship on a good strategy just because it hasn't worked so well lately, and, almost invariably, abandon it at precisely the wrong time.
David DremanA good starting point [in the measurement of investment risk] is the preservation and enhancement of your purchasing power in real terms.
David DremanI paraphrase Lord Rothschild: โThe time to buy is when there's blood on the streets.'
David DremanDemanding immediate success invariably leads to playing the fads or fashions currently performing well rather than investing on a solid basis. A course of investment, once charted, should be given time to work out. Patience is a crucial but rare investment commodity.
David DremanWe invest in undervalued companies that exhibit strong fundamentals, above-market dividend yields and historic earnings growth, which our analysis indicates will persist. Our strategy is to own strong, fundamentally sound companies and to avoid speculative stocks or potential bankruptcies.
David Dreman