Towards the end of January, the value investor Mohnish Pabrai held a virtual Value Investing Masterclass with NUS MBA students at NUS Business School. A recording of the session was recently posted to YouTube, and I have gathered some of the highlights below.
Q4 2021 hedge fund letters, conferences and more
The investor discussed some of his most successful investments as part of the Investing Masterclass and explained how he had started out looking for companies with lots of uncertainty but low levels of risk.
Risk And Uncertainty
The combination of these factors, he described, could produce high returns. " Wall Street gets confused between risk and uncertainty," he explained.
"When you generally...
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