Thursday, July 12, 2007

Mohnish Pabrai Interviewed by Investor Guide

Great interview. The interview asks better questions than my friends and I did when we interviewed him on 27 June.

Best quote: "I read a study a few years back where some university professor had documented returns one would have made owning what Buffett did - buying and selling right after his trades were public knowledge. One would have trounced the S&P 500 just doing that. I don't know of any investors who religiously follow that compelling approach."

Is it time to buy JNJ, BNI, WLP, and USB? Here's Buffett's portfolio. Check out the weighting and whether the stock has dropped in price since he bought.

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