5 Key Things Mohnish Pabrai Learned from Lunches with Buffett and Munger
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!