I was under the same impression that pabrai thinks the value was in wealth business and other business lines within edelweiss.
However, if you notice the filings he bought 2 percent of edelweiss additionally after the record date for the nuvama consideration, do he won’t get the nuvama stocks for those 2 percent. And he was off by 1 or 2 days of the record date so it was not like a regular but purchase he made without worrying about timing the event.
I have only been following his videos on YouTube for last 2-3 years. Having been burnt by following his investments (ali baba, seritage growth, edelweiss) I have realized it is a bad decision on my part to try to follow someone into an investment.
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