In an interview with Steven Halpern for MoneyShow.com, Validea CEO John Reese recently talked about the Guru Strategy he bases on noted contrarian investor David Dreman.

Reese talks about Dreman’s go-against-the-crowd mentality, which led him to shun popular, high-priced stocks and invest in beaten-down, unloved value picks. He discusses the ways Dreman identified unloved stocks, and the ways that he made sure they weren’t unloved for good reason — i.e., they were dogs.

Reese discusses the performance of his Dreman-inspired portfolio, and examines some of the deep value picks it is high on right now. Among them: Canadian communications giant BCE Inc. For the full interview and all of the stock picks, click here.