1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
Canadian Value
Canadian Value
Articles (4618) 

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

May 31, 2013 | About:

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.

From Munger:

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.

From Buffett:

1. Patience.

2. Smart investors don't need leverage, bad investors shouldn't use it.

Enjoy the video!



About the author:

Canadian Value
http://valueinvestorcanada.blogspot.com/

Rating: 3.9/5 (26 votes)

Voters:

Comments

Please leave your comment:


GuruFocus Mobile App


User Generated Screeners


PAWJoel Greenblatt
dgruensteinroe with dividends
dlegovichbuyback
jb10ybookGrowth2
carlos.g.alvesGraham Number (Defensive)
rael2222solo l'inizio 1
rael2222solo l'inizio
carlos.g.alvesNet-Net (Enterprising)
rael2222A4
carlos.g.alvesLow TB Financials (Enterprisin

Select portfolio(s):

  • Loading...

Why you are interested?

Your selection and notes will be stored in your portfolio.

Login to add portfolio
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK