3min chapter

Chai with Pabrai cover image

Mohnish Pabrai's Interview at the mint-Equitymaster Investor Hour on April 11, 2023

Chai with Pabrai

CHAPTER

How to Buy a Berkshire Hathaway Fund

From 2007 to 2009, the funds went down probably around 65, 67%. And the markets went down probably, you know, 37% or so in that period. So we went down a lot more than the markets did. I was selling P of three to buy P of two. That's kind of what my trades were. In 2009, after we bottomed in March 2009, we were up, I think 140% for the year in 2009. But one of the things I should have done is probably around 2012 or so, I should have switched back to what I used to do originally growth investing.

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