How Mohnish Pabrai Crushed The Market By 1000%
Mohnish Pabrai is well-known for paying more than $650,000 for the chance to have lunch with Warren Buffett. He follows the value investing philosophy to the fullest. Pabrai, according to Forbes, "has no interest in a company that appears to be 10% undervalued." In a few years, he aims to make five times his money. He passes if he doesn't believe the opportunity is obvious.”
Pabrai was able to generate a cumulative return of more than 900 percent for investors between 2000 and 2018.
Pabrai Funds have produced annualized returns of more than 28%. (net to investors).
From Forbes Interview in 2010.