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4min chapter
TIP442: Investing in Stocks w/ Mohnish Pabrai
We Study Billionaires - The Investor’s Podcast Network
Investing
When investors have joined me, they've always come into a fund that probably the top three positions are forty to 60 % type concentration. So we bought microne a few years back, and its doubled, and so on. I think you could have two of the three bets go sideways, or be very modest winners, and one could carry you. That's possible. But i don't think you need to be that way. Sometimes we do get a chance to make investments where the odds are just so heavily stacked in your favor... sometimes it can happen.
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