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5min chapter
Mohnish Pabrai’s Q&A Session with MBA Students at Georgetown University – March 4, 2021
Chai with Pabrai
How to Pair Back a Trade and Take Profits in the Portfolio?
Before COVID, CeraTage was trading at $35 or $40 a share. Brendan: When do you realize you should start pairing back your trade and start taking some profits in the position? Mideesh: I think that it's bearing back issue is that we should be comfortable with 95% in one stock. The Walton family hasn't done that for 51 years.
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