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What Mohnish Pabrai Learned from the '08 Financial Collapse

December 31, 2012 | About:
Canadian Value

CanadianValue

211 followers
Pabrai feels that he was caught flat-footed by the stock market collapse as he was fully invested and had no dry powder to take advantage of opportunities that offered 5 times or more on the upside.

He shares his experiences from fourth quarter 2008 when he was able to redeploy proceeds from his Fairfax Financial investment which actually profited from the collapse:



About the author:

CanadianValue
http://valueinvestorcanada.blogspot.com/

Rating: 3.8/5 (8 votes)

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