Cut the weeds, not the flowers.
Mohnish Pabrai says “Rakesh Jhunjhunwala has this persona of a guy who sits in front of three screens, talking to people all the time and all this activity is going on. But then in his portfolio, Titan doesn’t get touched for decades. Lupin doesn’t get touched. The crown jewels don’t get played with,” Mohnish said, the admiration clearly evident in his tone.
If you are in the happy position of the ownership of a tremendous business, the tremendous runway you only need to be right once or twice in a lifetime. And it would cover a lot of sins.
How Rakesh Jhunjhunwala made $5.8 Billion from the Stock Market | Mohnish Pabrai | Titan
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