Mohnish Pabrai started his investment partnership in 1999, 30 years after the original Warren Buffett partnership closed. Pabrai structured his fund exactly like the Buffett partnership in that it did not charge management fees and limited disclosure of holdings.
Pabrai feels this structure has given him a significant competitive advantage.
In this video, Pabrai discusses his 15-year hedge fund career and shares lessons for all investors to benefit from: