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| PDF Title : | The Dhandho Investor |
|---|---|
| Total Page : | 209 Pages |
| Author: | Mohnish Pabrai |
| PDF Size : | 1.4 MB |
| Genre : | Classic Novel |
| Language : | English |
| Publisher : | wiley.com |
| PDF Link : | Available |
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The Dhandho Investor – Book
One of the most vivid examples of Wall Street’s inability to distinguish between risk and uncertainty is the trading pattern and pricing of Frontline’s stock (FRO) in the third quarter of 2002. One of the lists I scan periodically is Value Line’s weekly listing of stocks with the highest dividend yields.
Usually, there are, at most, a handful of businesses sporting yields of 10 percent to 12 percent. A high dividend yield is sometimes indicative of a stock being undervalued. So, like low P/E or 52-week low lists, it’s a worthwhile screen.
The Dhandho Investor PDF
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