Mohnish pabrai is the managing partner of pabrai investment funds, an investment group modeled after the original 1950s buffett partnerships. Yes you have to read on to find out how he made it there. A bit of an investing late bloomer, pabrai is a devout follower of warren buffett, although he. Admittedly the tangible book value would need to be discounted if management cant get the plant to operate but. The lowrisk value method to high returns, written by mohnish pabrai, was released in 2007. Mohnish pabrai won the 1999 kpmg illinois high tech entrepreneur award given by kpmg, the state of illinois and the city of chicago. In this book, mohnish pabrai describes his dhandho investment.
One of mohnishs ideas in the book is to be a cloner which means to dig around in. We believe investors may be able to beat the market over the long term by imitating monish pabrai s top stock picks. A story of evolution in our time, jonathan weiner am i being. One of the best books ive ever read on investing, and one written in a simple language, is mohnish pabrais the dhandho investor. Pabrai, the new ventures have a low downside in terms of capital and a high potential upside. Mosaic is a compendium of essays written by mohnish pabrai from 20012004. Pabrai attributes much of his investment philosophies to roger lowensteins book called buffett. Allow me to explain the scenario based on 3 diagrams. The dhando investor meeting 2015 was a great experience. Detailed information include number of shares and portfolio weight. Learn more about mohnish pabrais uniquely not so unique investment framework. The dhandho investor by mohnish pabrai value partners. Pabrai sold out his remaining 6,348,197 shares of horsehead holding at 28 cents per share. I would tell him how much his books helped to change my life and investing.
Sign up now and get our indepth free ebooks on famous investors like klarman, dalio, schloss. The company thrived in the period from 1897 to 1966, at which time it merged with. I am personally waiting for a tellall book by guy spier and phil town to fill in. Mohnish pabrai sec f filings and top portfolio holdings. Mohnish pabrai is the managing partner of the pabrai investment funds and dhandho holdings. In this book pabrai has distilled the warren buffett method of investing down to a.
The dhandho investors guide to calculating intrinsic value. Jan 27, 2017 how horsehead holdings made me look more like a horses ass. This marks the second time ive lost 100% of my money on an investment, but the first time ive done so since stumbling across ben graham and becoming an. Mohnish pabrai, the legendary value investor, has several 10 and 100 bagger stocks in his portfolio. Home homepage membership levels membership data coverage complete stock list founders message the book value investing forum podcast free trial screeners. Dec 10, 2015 the checklist investor crushing the market by 1,100%. Horsehead seems to be pabrais most active investment but.
In 2019, pabrai expanded his us holdings by tripling his holding of micron. Dhando investor meeting 2015 a day with mohnish pabrai. View the current portfolio and top holdings for mohnish pabrai. Thankfully, mohnish is taking the loss in his stride and is instead explaining the lessons that he has learnt from the fiasco. My investment in horsehead holding went to zero recently. Mohnish pabrais recommended reading list am i being too subtle. I am also taking an assumption that mohnishs fund is still holding zinc as. Mohnish pabrai taking gurufocus reader questions for upcoming.
Mohnish pabrai the checklist investor crushing the market by. Nov 11, 2016 mohnish pabrai, the legendary value investor, has several 10 and 100 bagger stocks in his portfolio. Sep 23, 2015 this past weekend i was in irvine to attend the annual meeting of dhandho holdings and pabrai funds. It was the th time he added the stock during 20, which makes me feel that pabrai is making a bet that zinc is about to get a lot more valuable. We believe investors may be able to beat the market over the long term by. It refers to multiple other books and tries to give the 1 best idea of each book or investor strategy. Mohnish pabrai the next buffett, with hari ramachandra. Mohnish pabrai is an indianamerican businessman, investor and philanthropist. These seven questions could be compared to warren buffetts own four checklist questions that he wrote about in his 1977 letter to shareholders. Pabrai said it was great and personally preferred to listen to the audiobook.
A story of evolution in our time, jonathan weiner am i being too subtle straight talk from a business rebel, sam zell damn right. Find all the books, read about the author, and more. This past weekend i was in irvine to attend the annual meeting of dhandho holdings and pabrai funds. Ridiculing an investor like pabrai by isolating zinc is ridiculous.
I respect mohnish a lot, and i think his idea of evaluating previous investment. Dec 15, 2015 our favorite value holdings in mohnish pabrai s portfolio. With any type of investing comes a certain level of risk. Well, you know, if you talk to michael porter, he would give you five books on what is meant by, you know, strategy and competitive advantage and durable competitive advantage. Since its inception in 1999, pabrai funds have delivered annualized returns of over 28% net to investors. Mohnish pabrai is an indianborn entrepreneur, successful value investor, author and philanthropist.
How mohnish pabrai crushed the market by 1100% since 2000. Dhandho funds if you dont know investment funds, know your fund manager. It was recommended to me by a successful professional money manager, and. Pabrai may have sold out his holding in horsehead holding to cut his losses. Is monish pabrai creating a new berkshire hathaway. Entrepreneur to billionaire by sam wyly details 2 100 baggers. At the end of this talk mohnish recommended three books. The stocks mohnish pabrai bought and sold last quarter. This week were going to take a look at recommended books from superinvestor mohnish pabrai. This marks the second time ive lost 100% of my money on an investment, but the first time ive done so. The number of people attending the meeting has grown over the years. View mohnish pabrais profile on linkedin, the worlds largest professional community. In a recent talk, he has revealed the secret techniques that he adopts to find such stocks if you have a stock query, you can ask at the stocks talk forum.
So even though i was an engineering major, i took a. Mohnish pabrai then decided to concentrate more on investment than running his tech company. Which is the worst mistake you did when acquiring horsehead holdings corp. Feb 16, 2020 mohnish pabrai is an indianborn entrepreneur, successful value investor, author and philanthropist. Gurufocus is excited to welcome mohnish pabrai trades, portfolio for an.
Our favorite value holdings in mohnish pabrais portfolio. Pabrai invests primarily in smaller, outoffavor companies, and he tends toward a. Mohnish pabrai is an entrepreneur who later switched to money management. Mohnish appears to have anticipated this dire situation because he observed in the newsletter even with a 100% loss on horsehead, pabrai funds has plenty of other great irons in the fire and we expect to do quite well in the years ahead. Mohnish pabrai, one of our favourite stock wizards, has suffered a crippling loss of rs. Mohnish pabrai sells out horsehead holdings yahoo finance. He worked at tellabs for five years starting in 1986, before founding an it consulting company, transtech.
Pabrai himself demonstrated in his investment in horsehead holding. Price change from avrg% price change from avrg% real time picks after 20191231 are displayed for premium p members only. Mohnish pabrais latest portfolio 2017 indian hidden gems. The 5 stocks in mohnish pabrais portfolio vintage value. Jan 29, 2016 allow me to explain the scenario based on 3 diagrams. Dhando investor meeting 2015 a day with mohnish pabrai home. Mohnish pabrais recommended reading list market folly. Mohnish pabrai s recommended reading list am i being too subtle. In his pabrai investment fund, which is a family of hedge funds inspired by buffett partnerships, he successfully manages over 500 million of assets and consistently achieves aboveaverage rates of return.
Dhandho, literally translated, means endeavors that create wealth. Mohnish pabrai is an indianamerican businessman, investor, and philanthropist. At its core this is a book about the life lessons of mr pabrai and give examples and stories. Mohnish pabrai is an immigrant from india in the u. See the complete profile on linkedin and discover mohnishs. Jan 01, 2004 mosaic is a compendium of essays written by mohnish pabrai from 20012004. Jul 29, 2014 mohnish pabrai is the managing partner of the pabrai investment funds and dhandho holdings.
The company thrived in the period from 1897 to 1966, at which time it merged with gulf and western industries. The horsehead holding corporation, formerly the new jersey zinc company, is an american producer of zinc and related material based in pittsburgh. Sep 06, 2017 one of the best books ive ever read on investing, and one written in a simple language, is mohnish pabrais the dhandho investor. Superinvestor mohnish pabrai s list of recommended books. Dhandho fundszero fee investment products by mohnish pabrai. Mohnish pabrai is a great host, he takes time to meet the attendees before the meeting. A bit of an investing late bloomer, pabrai is a devout follower of. How horsehead holdings made me look more like a horses ass. Mohnish pabrai s dalal street, in a newly issued form 4, disclosed increasing its position in horsehead holding corp. Dhan comes from the sanskrit root word dhana meaning wealth. Ridiculing an investor like pabrai by isolating horsehead holding is absurd. The checklist investor crushing the market by 1,100%. Last year midamerican wrote off a major investment in a zinc recovery. The checklist investor crushing the market by 1,100% nasdaq.
Latest stock picks current portfolio profile performance sector weightings related guru trades. Apr 06, 2007 this is a breezy read compared to many value investing books out there. Why i bought more of horsehead holding after the 15% drop, stocks. Mohnish pabrai s longonly equity fund has returned a cumulative 517% net to investors vs. In my undergraduate studies, i was an engineering student with deep interests in business. A comprehensive value investing framework for the individual investorin a straightforward and accessible manner, the dhandho investor lays out the powerful. This form can help investors pick the brain of billionaire fund managers like mohnish pabrai, and get some insight on what the market may. Q4 2010 update value investor mohnish pabrai is the founder and managing partner of pabrai investment funds. Why famous value investor mohnish pabrai is bullish on fca. Dhandho holdings and pabrai funds annual meeting 2015. He also wrote two awardwinning books on value investing, the.
Home books dhando investor meeting 2015 a day with mohnish pabrai. So even though i was an engineering major, i took a lot of classes in the business school. Phil is a hedge fund manager and author of 3 new york times bestselling investment books, invested, rule. I did more and more research on mohnish pabrai and found all kinds of. A former technology entrepreneur, pabrai is managing partner of pabrai investment funds. Taken from his writings, interviews, lectures, and shareholder letters over the years. The essays were originally published by, the motley fool and silicon india magazine. Why i bought more of horsehead holding after the 15% drop. The new jersey zinc company was for many years the largest producer of zinc and zinc products in the united states.
It was recommended to me by a successful professional money manager, and id seen it on various blogs. Over at amazon the book is described as a comprehensive value investing framework for the individual investor. Perspectives on investing hardcover january 1, 2004. Pabrai funds crushed, down 20% in 2015 thanks to horsehead. Dhando holding ipo will be delayed by 23 years, they are currently developing a smartbeta value etf and an own direct small businesses insurance company geico for businesses. The horsehead holding corporation, formerly the new jersey zinc company, is an american producer of zinc and related material based in pittsburgh the new jersey zinc company was for many years the largest producer of zinc and zinc products in the united states. Mohnish pabrai and the horsehead holdings catastrophe.