Bloomberg Interviews with Mohnish Pabrai

(via value-quest.blogspot.com)

Bloomberg had an interview with Mohnish Pabrai, Managing Partner of Pabrai Investment Funds, on June 19 2007. Mohnish Pabrai talks about his investment strategies, oil prices & the consumer, Harvest Natural Resource (NYSE:HNR), Berkshire Hathaway (NYSE:BRK.B), Delta Financial (NASDAQ:DFC) and his biggest mistakes.

billytickets on Thu, 2007-12-13 09:05

Yes marine Iagree.Thats why I disagreed with his investment in Delta Financial  this summer BEFORE IT DECLARED BANKRUPTCY. The subprime mess was "real" when he invested but instead of staying clear of it he seems to like UNCERTAINTITY which a value investor like Buffett would never do.

galin on Thu, 2007-12-13 08:08

I think Pabrai make some very insightful points: return of capital is more important than return on capital, low risk and high uncertainty approach, looking for Value, day-to-day fluctuations are mostly noise and more.

Jason on Sat, 2007-06-23 00:15

Good good good!