Mohnish Pabrai's flagship hedge fund returned - 15.1% during the first half of 2020, according to a copy of its second-quarter investor letter, which ValueWalk has been able to review. That compares to a performance of +12.7% for the NASDAQ, -3.1% for the S&P 500 and -8.4% for the Dow Jones Industrial Average over the same time frame.
Over the fund's financial year to the end of June, it returned -10.6% compared to a 7.5% gain for the S&P 500 over the same time frame.
This is the second year in a row Pabrai's flagship fund...

