Unexpected Behavior

David Dreman built his career on a contrarian approach to long-only investing. Now he is joining the crowd by making a big push into hedge funds.

The hallway leading to the Jersey City, New Jersey, waterfront offices of legendary investor David Dreman is slightly faded and indistinct, befitting a man who has spent most of his life searching for stock bargains. A small sign on the prosaic brown door reads “Contrarian Services Corp.”

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