Mohnish Pabrai - What I Hate about Alibaba!

[@Nemi51500515]

I love that you find and surface these kinds of things, and that is why I keep subscribed to you - but if I could add just a little feedback it would be that your summaries are often nearly as long as the original content and that makes it so that I spend less time on your video and instead go directly to the source. That may be fine, but as a content creator you may want to examine if your intent is to keep eyeballs on your video instead of sending them somewhere else. I would very much watch your whole video it it was shorter and more to the point.

[@Mesozoic_mammal]

Pabrai is not a credible person in my opinion. He praises companies and relatively shortly afterwards exists the positions (Alibaba. Seritage, Shinoken just as examples). Now there is nothing wrong with changing your mind, but if you have the confidence to praise companies into heaven to your audience, you should know enough about them and not have to change your thesis every five minutes. If your own commitment ist so volatile, you should not praise these companies as if you have figured them out...

[@matthamdorf4808]

Not to mention his returns have been below average for a while now. I've never understood why he gets mentioned in the same breath as the real legends. He says all the right things, but doesn't follow his own advice.

[@jasonwhiteley3612]

He maybe just coming across better ideas if his returns are improving over the long term you won’t mind him changing.I like Amazon but I think MSFT, Google & Apple are much better businesses though google might be a slightly higher risk of new technology making it redundant but still prefer the risk return on google

[@Mesozoic_mammal]

@@jasonwhiteley3612 He and other value investors often mention how rare those good investments are. Now he found a great spawner (shinoken) and talks about all the new business it will create aaaand then sells out few month later, never to mention it again. Maybe he found something better, but is that likely? Three times within two years he finds companies that are so great not only does he invests in but he praises them left right and center, just to find something even better a month later?

[@matthamdorf4808]

@@Mesozoic_mammal it’s called shilling

[@simba1608]

I feel the same. He seems so credible in the things he says, but his actions make no sense at all, specially in later years.

[@simba1608]

Why should the big bets Pabrai made matter to the average investor? If he keeps buying and selling a couple of months later, while advocating the buy and hold great businesses philosophy, why should someone care at all about what "bets" he makes?

[@jiajunyap8062]

Thanks for another great video Brad! I appreciate your hard work!

[@richardhudson9365]

I don't know why pabrai gets so much attention compared to other investors. His returns are at the bottom of the list of super investors and he constantly contradicts the principals he preaches about.

[@mindpotential]

I totally agree. Mohnish is a very average cloner. Not sure why he is so hyped. Its mostly self aggrandizing

[@sahej8563]

he returned nearly 30% on his funds for a sustained period of time and has very strong fundamental analysis and understanding of business is why he's famous.

[@vulturegoo]

@@sahej8563 only at the start between 2003/08 which was the fiercest bull market. His fund lost 70% in the crash and barely recovered a decade later. He is so far away from the 26% goal he espouses

[@richardhudson9365]

Pabrai is not be taken literally and he is not that great an investor. Recent example is Seritage which he quit and said it wasn't a good investment. This has proved to be a shocking call

[@evancoles]

Do you know what brokerage you can buy reysas on?

[@-m7048]

No more vids?

[@ManOfSteel1]

you forgot to add that alcohol company in china and coco cola manufacturer in turkey. these are one of his top bets. by the way sunteck is not a big deal because they have been found cheating their customers lately it's only a matter of time before the real estate bubble bursts over here since the property prices are 40 times the gdp that is you need 40-50 years of full earnings to buy one average sized home and medium is twice i. e. 100years of gdp

[@DonRua]

You mentioned “invest multi years”, then you mentioned he turned 1 million into 13M in 5 years and “he got out in the right time”. Did he sell?

[@sheanathan3566]

I guess His thesis changed when he found out Alibaba does retail LOL

[@jsauerfinancial8257]

Pabrai’s thesis on Tencent’s capital allocation isn’t correct. Alibaba’s managers are value investors. Tencent’s managers buy unprofitable tech. Unprofitable tech just did better in the bubble of 2021.

[@tombrady4977]

Lol,I thought the same! But it’s not easy to find that out! Only a genius like Pabrai can figure out that alibaba also does some retail.

[@sheanathan3566]

That’s interesting and it feels like you may be right regarding techy’s portfolio I’ll look into baba’s portfolio deeper Thanks

[@mayor5326]

Another great summary Brad. Thanks!

[@richardhudson9365]

Abit of a misleading clickbait style title. Pabrai is actually a fan of Alibaba

[@janoz06]

Thanks Brad for the excellent information

[@azulsimmons1040]

Interesting. Looks like he got in Reysas at 39 cents a share. It's way up now.

[@valuefocused2783]

Unrelated. What's the difference between Countryside Partners $CSPLF and LSE:CSP?

[@KAS-kl7dn]

Warren has said Charlie is starter than he. I know you are Explorering new mediums with the short format but I love your discussions.

[@lulo478]

Great content as always!

[@JuanBattaglia45]

We miss you

[@QualitativeInvestor]

Thanks for sharing!

[@luis_g_77]

Thank you! Great info!

[@Nik-up5kg]

Nice video as usual I love Monish and LiLu . They are both great investors. I do not have the time to read on companies. Therefore I am a unshamed cloner. Thank you for the update. Question : how do we invest in Reysa ? Why is he not interested in Intel (and Micron ) ?

[@Reciprocation_of_goodwill]

There is only one way that I know of how to invest into reysas is through fidelity international. You need to make fidelity international account, I believe Brad made a video about this

[@aristark559]

what is the name of the turkish fruit juice company he often talks about?

[@r1pcurl24]

Great vid, thanks!

[@DavidMM255]

Hi Brad, your video was great! What do you think the size of Prosus may be in Mohnish portfolio's? I think is between 10 and 20 percent in RV capital that is where probably he got the idea. Does Mathew Peterson also own it? I think Warren is way smarter than Charlie even if Charlie is more educated and instructed. Warren has demostrated this in many ways, like for example saying Charlie is smarter than him. His way to communicate and treat people is way ahead of Charlie. His hability to addapt to new conditions as well. I might be wrong and it's only my impression. Thanks for the great content. Cheers!

[@RetroRanger]

Matt also is invested in Prosus , yes!

[@ivailoruikov5558]

Thanks 👍

[@oocpfidell1]

How do you know he invested in AGESA? Do you know how one can gain access to this company?

[@oocpfidell1]

@Yunus Tunçbilek thank U!

[@aristark559]

why do you guess it is AGESA?

[@khizarqureshi8840]

Hey Brad, Me and im sure many of us are waiting for your 13F season video for super investors

[@whatsappme9600]

Hit me up I have cryptoTrading updates??

[@MrsNikita1983]

When he have buy edelweiss?

[@anthonyschneider8835]

Great video Brad!

[@johnkolios9526]

Hi Brad! Do you still own BABA?

[@BradKaellner]

I sure do

[@alexm5435]

Brad I have a question. As a cloner do you sell when people you cloned sell or you re- adjust your assumptions and you follow your own research?

[@asdfdasfdfas]

Howard Buffett also said Munger is smarter than Buffett

[@JD-im4wu]

Go Cloners Go Cloning to the Moon with Mohnish!!! Yay!!!!

[@supaflydann]

Mohnish is not an investor to clone. Do not clone Mohnish, he is like Buffet, do as I say not as I do.

[@simba1608]

The difference is that Buffet has 20% annualized for more than 40 years, and Pabrai doesn't.

[@JY88168]

Very subjective opinions which means nothing about how good the biz (alibaba) is

[@Nobody-rkm]

How u buy reysas

[@DavidMM255]

Normally you need to open a brokerage account in Turkey or Brad found a workaround. He explains in his other videos, so you can search for it.

[@brotherleo4090]

Fidelity's International Trade Desk

[@notex843]

Alíbaba 🇨🇳🇨🇳🚀🚀🚀🚀🚀♥️♥️✅💪🏽🇨🇳✅♥️🚀

[@alphaking5540]

in RAIN he increases his stake . to 7.9%

[@myhouse-yourhouse]

Turkish bets are interesting

[@eruru1692]

Such inconsistent rotten, I remember when he boasts Alibaba many times ago in the end he just follow the crowd and making it reasoning, just lick it. I won't listening him then or now, I'm gonna buying it! for bucks

[@simba1608]

Dead channel.

[@ArdaiThomasPoker]

i still remember how you came out with that video announcing that you took a huge position with your portfolio on alibaba, around $220 or so because it was cheaper than what charlie munger bought it at which was $240.... bwahahahaa. just delete this channel. i mean for sure your videos hurt a lot of other people's finances.