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The Dhandho - Mohnish Pabrai - www.indianpdf.com_ Book Novel Download Free Online

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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