A little look at what might have happened with Pinnacle Airlines and why Mohnish Pabrai might be selling his position. 

First Marblehead posted their FY3Q earnings, and they were not pretty, as I expected.  There are a few reasons to be optimistic at these prices, however, and I've outlined them below.

Today I’ll talk a bit about another big investing mistake (remember I mentioned that I invested in AHM before its bankruptcy) I’ve made, recently, that I still hold today. I figure I’ll get my mistakes out of the way early, that way you all know what an idiot I am and that you should probably never listen to me.

Excerpt: "The stock market has severely punished First Marblehead's shares, slashing them 20% just yesterday and more than 50% year to date. That's discounting some seriously bad news for this company. What might shareholders expect for the future?"

In October, I had a great pleasure to be interviewed by two of my favorite Motley Fools: Philip Durell advisor to Motley Fool Inside Value newsletter and Bill Mann co-advisor to Motley Fool Hidden Gems newsletter.

Tom Brown describes what would happen to First Marblehead if BofA and Chase took a powder.

This is a follow up to First Marblehead in a previous article.

Is First Marblehead at 9 times earnings a buy? I think so!