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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
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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Fan Site: Inspired, Not Endorsed, By Rakesh Jhunjhunwala
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