Famed value investor David Dreman is still finding attractive opportunities in both energy and financials. Dreman takes a more diversified approach then we advocate at TTCM, where we tend to take more concentrated positions. The psychology has changed in the markets over the last few years and pessimism is still highly prevalent even after the recent run up in stock prices. There will be panics and sell-offs but a disciplined value based approach should lead to attractive returns.
INVESTING IN THE FINANCIAL MARKETS INVOLVES RISKS. OPTIONS ARE NOT SUITABLE FOR ALL INVESTORS.