Mohnish Pabrai “After Sears files for bankruptcy” it may make sense to buy Seritage again

Mohnish Pabrai On Sears Bankruptcy And Rolls-Royce

Mohnish Pabrai’s full-year 2016 letter to investors in the Pabrai funds is full of interesting insights.

The most fascinating insights, however, have to be Pabrai’s detailed descriptions of his investment mistakes during 2016. There weren’t many significant mistakes or indeed mistakes at all, but the discussion on those companies that did not live up to expectations is informative.

2016 Hedge Fund Letters

One such stock is Rolls-Royce.

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Mohnish Pabrai On Sears Bankruptcy And Rolls-Royce

Pabrai first invested in Rolls-Royce in 2015 buying at the end of the year for $11.45 share....