Mohnish Pabrai’s flagship hedge fund returned – 15.1% during the first half of 2020, according to a copy of its second-quarter investor letter, which ValueWalk has been able to review. That compares to a performance of +12.7% for the NASDAQ, -3.1% for the S&P 500 and -8.4% for the Dow Jones Industrial Average over the same time frame. If you’re looking for value stocks, and exclusive access to value-focused hedge fund managers, check out Hidden Value Stocks. Over the fund’s financial year to the end of June, it returned -10.6% compared to a 7.5% gain for the S&P 500 over…
After Pabrai’s Fund Slides 15% in Covid Markets, Mohnish Says To Bet On Micron Not Tesla And FAANGS
Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk