Reese on Dreman's Market-Beating Contrarian Approach

In an interview with Steven Halpern for, 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.