Mohnish Pabrai: Investors Should Focus On Three to Five Outcomes

Investors should not rely on complex spreadsheets to calculate a business’s intrinsic value, but should instead focus on three to five variables and possible outcomes according to highly renowned value investor Mohnish Pabrai. Q1 hedge fund letters, conference, scoops etc If you’re looking for value stocks, and exclusive access to value-focused hedge fund managers, check out ValueWalk’s exclusive value newsletter, Hidden Value Stocks. Speaking at a Google Talk on Value Investing in June 2014, Pabrai told his audience that investing is an “uncertain exercise,” which makes it very difficult to predict with any certainty where a company will be five…