Mohnish Pabrai

After Rough 2018 Mohnish Pabrai Laments: Mr. Market Has Been “Quite Stupid” On Fiat Chrysler

Now that 2018 is over, many hedge fund managers are read to close the book on it. For some, including Pabrai Investment Funds, the losses were sizeable.

In his January letter, which was reviewed by ValueWalk, Managing Partner Mohnish Pabrai reported that the firm's three funds were all deep in the red for 2018. The highly-respected manager cited "irrational declines" in their two largest positions, which ironically were the reasons his fund did so well in 2017. One fund (PIF2) was down 35.3% for 2018, while the second (PIF3) was down 41.9% and the third (PIF4) was down 22.8%

Pabrai won and lost on Fiat Chrysler but hopes to win more
Fiat Chrysler was one of Pabrai's two biggest positions, with India's


This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here

If you are subscribed and having an account error please clear cache and then cookies if that does not work email and we will get back to you as quick as humanly possible

Saved Articles

The Life and Career of Charlie Munger

Charlie is more than just Warren Buffett’s friend and Berkshire Hathaway’s Vice Chairman – Buffett has actually credited him with redefining how he looks at investing. Now you can learn from Charlie firsthand via this incredible ebook and over a dozen other famous investor studies by signing up below:

  • Learn from the best and forever change your investing perspective
  • One incredible tidbit of knowledge after another in the page-turning masterpiece of a book
  • Discover the secrets to Charlie’s success and how to apply it to your investing
Never Miss A Story!
Subscribe to ValueWalk Newsletter. We respect your privacy.

Congrats! Are you a smart person?

We have an exclusive targeted & limited time offer for being a sophisticated and loyal reader.

ValueWalkPremium is a website and newsletter on the latest industry news much of which is not in the public domain and obtained via our sources.

We also have 10 years of resources on how to use this information to better your investment process.

Sign up for  today and get our exclusive content for 40% off. This is our second biggest discount ever!!

Use coupon code VIP20 or click on the button below

Limited time offer only ENDS 3/31/2020 or after the next 45 subscribers take advantage whichever comes first – please do not share this discount with others