Mohnish Pabrai On How To Find Cheap Stocks

Continued from part one...

Q3 2019 hedge fund letters, conferences and more

After discussing the types of business investors should be chasing, Mohnish Pabrai then went on to give some examples of his favorite trades in the MOI Interview.

Following on from his advice on sticking with companies you know and understand, Pabrai went on to say that investors don't have to understand every single sector, industry, and stock on the market. "You can build plenty of wealth while just understanding one or two industries," Pabrai summarized. "If you look at most entrepreneurs, they have created their wealth with an extremely narrow skillset, but they have capitalized on that," he...