Pabrai’s Perfect Portfolio

Read the full article at: http://www.gurufocus.com/news.php?id=8046
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This article discusses how Mohnish Pabrai uses a ten by ten portfolio, "placeholder" positions, and other strategies to optimize his focused portfolio.

Great Article, Great Point

Too little time is spent thinking about how large each position should be. The size of the positions and the level of concentration that results has been a big part of Pabrai's success. It's definitely something to think about.