Mohnish Pabrai, Managing Partner of the Pabrai Investment Funds, is finding more opportunities in India today than in the United States. According to the value investor’s third-quarter letter to limited partners, a copy of which has been reviewed by ValueWalk. In the letter, Pabrai states, “Even though the Indian equity markets are at record highs, I am still finding the occasional deeply undervalued security in India. I love what we own in India.” 31% of assets under management are invested in India with only 12% (divided between Google and Southwest Airlines) invested in the US. Q3 2017 Hedge fund Letters,…
India: A Basket Case? Or A Buy?
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