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Re: The Dhandho Investor - Mohnish Pabrai
PE of 6, PB of 0.8???? Yummy
However: "Delta Financial originates, acquires, sells, and services home equity loans. The company's clients are individuals who have impaired or limited credit profiles and they typically have substantial equity in their homes."
Of course, this is strongly out of favor now. Apart from an endorsement from Mr Pabrai, what has this company got over their competitors that make it a better investment?
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Anything too stupid to be said is sung. [Voltaire]
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