We’ve just been watching a recent presentation with Mohnish Pabrai at the Carroll School of Management – Boston College. Pabrai is discussing his ten commandments of investment management as follows:
1. Thou shall not skim off the top [fees]
2. Thou shalt not have an investment team
3. Thou shalt accept that thou shalt be wrong at least one-third of the time
4. Thou shalt look for hidden PE of 1 stocks
5. Thou shalt never use Excel
6. Thou shalt always have a rope to climb out of the deepest well
7. Thou shalt be singularly focused
8. Thou shalt never short a stock
9. Thou shalt not introduce leverage
10. Thou shalt be a shameless cloner
You can watch the entire presentation here:
For all the latest news and podcasts, join our free newsletter here.
Don’t forget to check out our FREE Large Cap 1000 – Stock Screener, here at The Acquirer’s Multiple:
