Rule #1 Finance Blog

With Investor Phil Town

InvestED: Episode 144- Phil’s Favorite Gurus: Mohnish Pabrai

This week on InvestED podcast, Danielle and I are coming to you live from San Diego, California to continue our discussion on investing gurus and to reveal another guru that Phil Town himself admires and follows. Take a look at Mohnish Pabrai’s portfolio with us.

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In Episode 144 You’ll Learn:

  1. Which tools to look at when you are trying to find gurus to follow:
    1. Very Broad: Gurufocus (Lists All Gurus)
    2. Broad: Dataroma (Top 100 Gurus)
    3. Focused: Rule #1 Investing Toolbox (Top 47 Gurus)
  2. An overview of a hedge fund manager that Phil personally follows, Mohnish Pabrai.
    1. A brilliant and like-minded investor who can boast over a 25% rate of return to his investors consistently.
    2. 100% of his portfolio is held in 4 stocks, where he is currently holding his positions.
      1. Alphabet Inc.(GOOGL) – 49%
      2. Posco (PKX) – 30%
      3. Southwest (NYSE) – 12%
      4. Berkshire Hathaway (BRK.A/B) – 8%
      5. His total portfolio is estimated at about 1 billion.
      6. Currently owns 136 million dollars in stocks (14%), which means 86% is in cash.
    3. Mohnish made no major moves in 2017, aside to sell off his share of Seritage Growth Properties (SRG) due to his speculation regarding Sear’s performance and connection.
    4. What is Institutional Imperative?
      1. Pressure to do something even if it isn’t based on merit, coming from bosses, investors, etc.
    5. Coming Up Next Week: We’ll talk about another guru that Phil admires: Guy Spier.

Show Notes:

If you need to plan out your 2018 and get everything started off right, I created a 12 Month Financial Success Planner to get you started. It’s filled with monthly goals tracking, calendar planners, and monthly financial challenges to keep you on track. Click the button below to download it for free.

On the InvestED podcast, Phil and his daughter Danielle shine a light on the successful investing strategies that gurus like Warren Buffett have used for 80 years. Listen in for a great stock market education on basics, learn how to invest on your own, and follow along with real-time examples and investing tips from week to week.
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