Darvass Oftware

I’ll be the first to confess this sin. I’ve followed one of my favorite gurus, Mohnish Pabrai, into Delta Financial, the company went from a promising multi-bagger to a darvass oftware worthless piece of crap. When asked about his bet on Delta Financial, Pabrai responded, ‘It was a good bet. I didn’t understand that the ability to securitize loans is the key to survival for loan darvass oftware originators. And Delta couldn’t securitize.

I hate to end your schadenfreude so quickly, but I only held Delta (darvas trading system) in a mock portfolio. One great lesson learned nonetheless. darvass oftware Buffett in his speech to Emory University students said, ‘Over the past 50-60 years, Charlie and I have never permanently lost more than 2% of our personal net worth on a position. We’ve suffered quotational loss, 50% movements. That’s why you should never borrow money. We don’t want to get into situations where anyone can pull the rug out from under our feet.

So once you have your stock market screeners permit people to make more informed decisions about what stocks they buy without having to rely so much on financial advisors or stock brokers.

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