Ten High Scoring Dreman Stocks with Low-Price Dividend Ratios [View article]
DWS Dreman Value Income Edge Fund (DHG) is a closed end fund that IPO'd in '07 at $20, now trades at $4, an 80% loss, similar to any fund with Dreman in the name. He doubled down into Fannie Mae common and preferrred until Fannie was a 7% position in DHG at the time of its government takeover and total loss to the fund. That is reckless and irresponsible.
The author is a contestant in the current Strategy Lab. Strategy Lab is MSN Money's stock-picking challenge. He is down 45% in the last six months, behind the other contestants by a gaping margin.
The Dreman brand of contrarian investing has been catastrophically out of synch and out of favor for the last two years. I am sorry to have ever heard of David Dreman and his previous track record.
DHG is a leveraged combination of dividend paying equities, high yield bonds and a hedge type short strategy. The equities cratered, the bonds evaporated and the shorts appreciated in share price.
Ten High Scoring Dreman Stocks with Low-Price Dividend Ratios [View article]
finance.yahoo.com/look...
The author is a contestant in the current Strategy Lab.
Strategy Lab is MSN Money's stock-picking challenge.
He is down 45% in the last six months, behind the other contestants by a gaping margin.
articles.moneycentral....
The Dreman brand of contrarian investing has been catastrophically out of synch and out of favor for the last two years. I am sorry to have ever heard of David Dreman and his previous track record.
DHG is a leveraged combination of dividend paying equities, high yield bonds and a hedge type short strategy. The equities cratered, the bonds evaporated and the shorts appreciated in share price.