Porinju Veliyath has ruefully conceded that his strategy of betting big on “improving corporate governance in a structurally changing Indian economy” has backfired. However, he has assured that this is a temporary phase and it is too early to write it off
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Mohnish Pabrai Dumps Foreign Stocks, Buys Two High-Quality Multibagger Indian Stocks
Mohnish Pabrai’s appetite for Indian stocks has been whetted by the magnificent 10-bagger gains that he effortlessly snared. He is now dumping his portfolio of USA stocks and buying high-quality Indian stocks. No doubt, the strategy is very sensible and should be emulated by all deep-pocketed foreign investors
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