Mohnish Pabrai prides himself on being a “shameless cloner“. He has now been tempted by the rock bottom valuations of a high-quality NBFC stock which is one of the fav stocks of Rakesh Jhunjhunwala and sensibly made it part of his portfolio
Posts tagged Billionaire
Don’t Follow Rakesh Jhunjhunwala And Radhakishan Damani Says Vijay Kedia While Revealing How He Made A Fortune From Stocks
Novice investors & traders tend to clone the moves of Rakesh Jhunjhunwala and/ or Radhakishan Damani in the expectation that they will enjoy the same success as the living legends do. Vijay Kedia has warned that this is not a good practice because nobody can match the genius-level mindset of the legends
NAMO Should Learn His Lesson & Not Commit Further Disasters: Global Fund Manager
NAMO has a penchant for announcing big-ticket reforms like demonetisation, GST, Bullet Train etc. Krishna Memani, a distinguished fund manager, has cautioned that some of these measures have been disasters and caused problems. He has advised NAMO to focus on growth and bring the economy back on track
Warren Buffett Suffers Loss Of Rs. 26,000 Cr (In One Day) From “Safe Haven” Stock
Warren Buffett has laid down the credo that investors who “know” should have concentrated portfolios. However, the perils of that credo became evident after his all-time favourite “safe haven” blue-chip stock plunged and caused his portfolio colossal losses of $4 Billion. The aggregate loss since investment is $10 Billion
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