Pabrai’s Perfect Portfolio
By George on Tue, 2007-06-26 08:47
(via www.gurufocus.com)
This article discusses how Mohnish Pabrai uses a ten by ten portfolio, "placeholder" positions, and other strategies to optimize his focused portfolio.
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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.