Morningstar interviews the author of the Dhandho Investor, Mohnish Pabrai. He talks about his investing history, and BRK valuation. You know Berkshire Hathaway is a solid company when people would rather sit in BRK stock then cash on the sidelines. Mohnish is currently building a new position so he is taking advantage of the sell off this past week.
A Buffett Disciple Shares His Secrets - morningstar.com
From the interview: ‘”As long as humans vacillate between fear and greed, there will be mispriced assets. Some will be priced too low and some will be priced too high. Mr. Buffett has been talking up the virtues of value investing for 50+ years and it has made very few folks adopt that approach. So if the #2 guy on the Forbes 400 has openly shared his secret sauce of how he got there for all these decades and his approach is still the exception in the industry, I don’t believe I’ll have any effect whatsoever.”
Warrren Buffett has already referred to Mohnish as an up and coming star in the value investing field. While Mohnish may not land the role of BRK CIO, he will do just fine on his own. Check out the full interview only found at InvestorGuide.com.
Interview with Value Investor Mohnish Pabrai - investorguide.com
If you want to see how much of a cult following Mohnish has with value investors, click on the link below to see the latest price of his first book that is currently out of print.
Mosaic: Perspectives on Investing (Hardcover) - amazon.com