maxthetrade Posted May 16, 2012 Share Posted May 16, 2012 Pabrai now has over 60% of his US stock portfolio in BAC, C and GS. He sure makes Berkowitz look like a sissy! http://www.dataroma.com/m/holdings.php?m=PI Link to comment Share on other sites More sharing options...
Grenville Posted May 16, 2012 Share Posted May 16, 2012 Pabrai now has over 60% of his US stock portfolio in BAC, C and GS. He sure makes Berkowitz look like a sissy! http://www.dataroma.com/m/holdings.php?m=PI I noticed that as well. I couldn't find the filing on the SEC site, so I wonder where they are getting the data from. http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001173334 Link to comment Share on other sites More sharing options...
Parsad Posted May 16, 2012 Share Posted May 16, 2012 Yeah, I've got to ask Mohnish about this the next time I see him. I think he realized that the smaller position sizes just weren't going to cut it. If he's gone back to the old model, I'm happy to see it, because I think a little more concentrated is better. More volatile, but he's going to get the outsized returns long-term. Although you are wrong about the 60%. It's more concentrated than before, but that total excludes his holdings in Fairfax, the Japanese basket of net-nets, and all of his cash. He's got over $550M in assets, so it's more like close to 40% actually. Cheers! Link to comment Share on other sites More sharing options...
maxthetrade Posted May 16, 2012 Author Share Posted May 16, 2012 Although you are wrong about the 60%. It's more concentrated than before, but that total excludes his holdings in Fairfax, the Japanese basket of net-nets, and all of his cash. He's got over $550M in assets, so it's more like close to 40% actually. Cheers! That's why I said US stock portfolio ;) Link to comment Share on other sites More sharing options...
Parsad Posted May 16, 2012 Share Posted May 16, 2012 Although you are wrong about the 60%. It's more concentrated than before, but that total excludes his holdings in Fairfax, the Japanese basket of net-nets, and all of his cash. He's got over $550M in assets, so it's more like close to 40% actually. Cheers! That's why I said US stock portfolio ;) Ah, sorry Max! Cheers! Link to comment Share on other sites More sharing options...
PlanMaestro Posted May 16, 2012 Share Posted May 16, 2012 If he's gone back to the old model, I'm happy to see it, because I think a little more concentrated is better. More volatile, but he's going to get the outsized returns long-term. If not now, when? If not he, who? Link to comment Share on other sites More sharing options...
Grenville Posted May 16, 2012 Share Posted May 16, 2012 I noticed that as well. I couldn't find the filing on the SEC site, so I wonder where they are getting the data from. http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001173334 I understand now. They are pulling the data from the Dalal Street filing. I guess he's now filing through that name. http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001549575&owner=exclude&count=40 Link to comment Share on other sites More sharing options...
racemize Posted May 16, 2012 Share Posted May 16, 2012 wow, many of his positions and mine are similar with similar proportions! I'm excited. Link to comment Share on other sites More sharing options...
alertmeipp Posted May 17, 2012 Share Posted May 17, 2012 Pabrai now has over 60% of his US stock portfolio in BAC, C and GS. He sure makes Berkowitz look like a sissy! http://www.dataroma.com/m/holdings.php?m=PI Wow, he goes with the worst - BAC and C. And he chooses GS over MS too. Link to comment Share on other sites More sharing options...
jeffmori7 Posted May 17, 2012 Share Posted May 17, 2012 Looking at the percentages, we could say he swap WFC for BAC, swap BRK for C and all his little positions for GS. WFC and BRK were like keeping cash of quality for a while, but were sold to buy more undervalued equities...impressive! Personnally, I sometimes prefer to hold on quiet stocks, but I can understand those moves. Link to comment Share on other sites More sharing options...
treasurehunt Posted May 17, 2012 Share Posted May 17, 2012 Pabrai now has over 60% of his US stock portfolio in BAC, C and GS. He sure makes Berkowitz look like a sissy! http://www.dataroma.com/m/holdings.php?m=PI Hey, Berkowitz has 68% of his portfolio in AIG, BAC and SHLD. He's no sissy! :) Link to comment Share on other sites More sharing options...
Johnson Posted May 17, 2012 Share Posted May 17, 2012 Pabrai has been going in and out of stocks lately. This quarter he's loading up on BAC, but in the last quarter he reduced his exposure to BAC. Wondering what he will be do by the next 13-F filing. Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now