|New Threads Only:|
|New Threads & Replies:|
Forum List » Guru News and Commentaries|
Guru News, Stock picks and commentaries
5 Key Things Mohnish Pabrai Learned from Lunches with Buffett and Munger
Posted by: Canadian Value (IP Logged)
Date: May 31, 2013 02:11PM
Super hedge fund manager Mohnish Pabrai has been lucky enough to have chances in person to tap into the wisdom of Charlie Munger and Warren Buffett.
From his conversations Pabrai learned five key things.
1. Follow other top notch investors; study what they are doing and why they are doing it.
2. Focus carefully on companies that are aggressively buying back their own stock.
3. Pay attention to spin-offs for opportunities.
2. Smart investors don't need leverage, bad investors shouldn't use it.
Enjoy the video!
Guru Discussed: Mohnish Pabrai: Current Portfolio, Stock Picks
Stocks Discussed: SPY, DJI, QQQ,
Disclaimers: GuruFocus.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The gurus may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.