
Mohnish Pabrai has confidently proclaimed that there is “significant mispricing” of Indian stocks compared to their USA counterparts. His latest stock pick is a duopoly with high RoE, debt-free status, high dividend yield and many other virtues
Investors merrily tucked into stocks with dubious credentials on the premise that they would blossom into “next L&T” and “next Page Industries” and shower multibagger gains. However, reality is now dawning upon investors that these may be junkyard stocks. Unfortunately, the exit doors are blocked and there is nowhere to run or hide
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