View Single Post
  #5 (permalink)  
Old 10-15-2007, 06:18 PM
npg's Avatar
npg npg is offline
Senior Member
 
Join Date: Jul 2006
Location: Austin, Texas, U.S.A.
Posts: 842
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?
__________________
Anything too stupid to be said is sung. [Voltaire]
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote