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Re: The Dhandho Investor - Mohnish Pabrai
Quote:
Originally Posted by petekoch
If/when I do purchase some bank shares, it will probably be one of Buffett's banks (BAC, WFC, USB) or possibly SNV. I don't believe in technical analysis, at least as a predictive tool. My last concession to T/A, in fact my only one, is the Coppock Curve; its buy signals are uncanny and have never failed me. I'll wait until the Coppock for the Amex Bank Index (^BKX) goes on a buy. I should plug in the XHB (homebuilders SPDR) also.
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I've waved bye bye to technical indicators and never looked back. Here is a bank I am currently investigating, FHN.
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Anything too stupid to be said is sung. [Voltaire]
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