Jun
30
A very well known stock picker and the chairman of Dreman Value Management, David Dreman is not into sugarcoating the existing economic situation, he is of the opinion that we are now in a state of depression though not anything like the Great Depression. His opinion is that even if the stocks drop by 15 to 20 percent, they are most likely to double from their present levels. He is optimistic that diversified portfolios are likely to do well with likelihood of high rates of inflation. Secondly, real estate also offers large scale opportunities which would benefit both commercial and private properties.
Tags: properties, stocks