David Dreman Quotes
When people are frightened, they cut their time horizon dramatically, ... Even advisors will say to sell because they see portfolios crumble and they fear people will have nothing left. It's really not rational, but it does happen.
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People | Frightened | Time | Horizon | Dramatically |
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For the last two or three years, the earnings just shot through all the forecasts. We're still in a strong earnings environment, but at the same time we're getting somewhat more misses, and that, coming to a somewhat more jittery market, I think is leaving people concerned.
- David Dreman
