Bloomberg Interview with David Dreman

Bloomberg had an interview with David Dreman, CIO of Dreman Value Management LLC, on Aug. 13, 2007. The U.S. stock market is "pretty solid'' and offers "great opportunities,'' says value investor David Dreman.

I highlight some insightful points below:

  • The market is pretty solid and fundamentals are good. Earnings are good and it's not overpriced. The economy is picking up.
  • The major investment bankers are cheap. Will they go cheaper? I think so. If things turn around they could shoot up pretty quickly.
  • We've always liked crises, not for our clients, but because it gives you some great opportunities.
Here is video link or you can watch directly below.

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