GuruFocus readers are given an opportunity by Mr. Mohnish Pabrai to ask up to 10 questions. Please respond this thread with the most important questions you want to ask. We will select 10 out of them and send to Mr. Pabrai.
We appreciate very much the opportunity that Mohnish Pabrai gives us, but "no questions on present or recent past holdings".
So far we have received some very good questions. These are the highlights:
billytickets:
1) Is there a range of market cap stocks that you feel most comfortable with?
2) To get the lights out returns you have accomplished what is your feeling on "shorting" and leverage ( and if you use leverage what is the maximum amount you are comfortable with)
3) How important to you is ROE?
ravinsu:
Could you briefly provide some valuation techniques you use? Which method you favor?
a) Reproduction Costs of assets Earnings PV/Enterprise Value
b) DCF
I have read that if you find you are looking for excel while valuing, you take a pass. What’s your thought process when you value a company?
ivanofsf:
Love your second book Dhandho Investor! Wanted to buy a copy of your first book but now only selling for $$$, do you think you will reprint?
Also I noticed low p/e and high return on capital is important i.e. Joel Greenblatt style..
what do you think of the peg ratio?
harisonsidhu:
What exactly are your reasons for avoiding the P&C business? There are some very well run companies in this arena and Buffett has profited from the business. Does it extend beyond P&C to all types of insurance; health, auto, reinsurance etc.?
musto:
Where do you get some of your investment ideas from?
expectingrain:
Do you speak to management to judge their quality, or do you use just their performance numbers? If you speak to them, what do you ask, and if you just use the numbers, which ones do you find most important?
wslounge:
Currently you are handling less than 1 Billion dollars, as every fund manager knows size becomes an anchor to performance, as your fund increases in size, how will your approach change in stock selection? Will you move to larger companies like Buffett or will you "diversify" ,moving away from a concentrated portfolio?
Please follow this thread with your questions. We better ask the questions that we cannot find answers from his books or interviews because we are limited to only 10. We just learned that he won the eBay bid of lunch with Warren Buffett. It will be interesting to know what questions he will ask to Warren Buffett. We will send these questions to Mr. Pabrai after we select the most important ones.
We appreciate very much the opportunity that Mohnish Pabrai gives us, but "no questions on present or recent past holdings".
So far we have received some very good questions. These are the highlights:
billytickets:
1) Is there a range of market cap stocks that you feel most comfortable with?
2) To get the lights out returns you have accomplished what is your feeling on "shorting" and leverage ( and if you use leverage what is the maximum amount you are comfortable with)
3) How important to you is ROE?
ravinsu:
Could you briefly provide some valuation techniques you use? Which method you favor?
a) Reproduction Costs of assets Earnings PV/Enterprise Value
b) DCF
I have read that if you find you are looking for excel while valuing, you take a pass. What’s your thought process when you value a company?
ivanofsf:
Love your second book Dhandho Investor! Wanted to buy a copy of your first book but now only selling for $$$, do you think you will reprint?
Also I noticed low p/e and high return on capital is important i.e. Joel Greenblatt style..
what do you think of the peg ratio?
harisonsidhu:
What exactly are your reasons for avoiding the P&C business? There are some very well run companies in this arena and Buffett has profited from the business. Does it extend beyond P&C to all types of insurance; health, auto, reinsurance etc.?
musto:
Where do you get some of your investment ideas from?
expectingrain:
Do you speak to management to judge their quality, or do you use just their performance numbers? If you speak to them, what do you ask, and if you just use the numbers, which ones do you find most important?
wslounge:
Currently you are handling less than 1 Billion dollars, as every fund manager knows size becomes an anchor to performance, as your fund increases in size, how will your approach change in stock selection? Will you move to larger companies like Buffett or will you "diversify" ,moving away from a concentrated portfolio?
Please follow this thread with your questions. We better ask the questions that we cannot find answers from his books or interviews because we are limited to only 10. We just learned that he won the eBay bid of lunch with Warren Buffett. It will be interesting to know what questions he will ask to Warren Buffett. We will send these questions to Mr. Pabrai after we select the most important ones.
