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Second Curve Capital's Tom Brown Loves First Marblehead (FMD)
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As I am writing this article, Tom Brown, founder of Second Curve Capital, is pitching First Marblehead (NYSE: FMD) at the Value Investing Congress in New York. He says First Marblehead is a 20% grower, has a PE 6, P/E/G of 0.2 and should be a three bagger in two years.
The First Marblehead Corporation provides outsourcing services for private education lending in the United States.
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