learner

I dont know of any way to track exit of foreign stocks.

+1

Sanjeev - ofcourse, once you post something I take it on face value. I was trying to understand if there are some regulatory filings that I can track if I want to see investors taking positions in India. I remember that this was briefly mentioned in Mohnish's lecture at MDI Gurgaon but the exact nature of the filing wasnt mentioned. In anycase, the link kmukul posted above is useful. I'll watch out for when Mohnish discusses the exit - thanks!

The link states that: Now, the big news is that Mohnish Pabrai has, through “The Pabrai Investment Fund IV LP” bought a chunk of 196,06,634 shares of South Indian Bank at Rs. 32.50 each. Mohnish bought 1,45,45,500 from Renuka Ramnath’s Multiples Equity and the rest from the open market. Do you guys know how I can verify this? And more importantly how can I find out when he exists this position? Since this is a non-US position, the 13f filing show this.

Not many of the people on this board need to file a 13F. They also tend to be more deep value and risk tolerant than I am. WEB and tepper have too much money. I like small, concentrated, quality-focussed portfolios. KCLarkin- which other investors do you follow that fit your criteria? I follow Pabrai and Ted Weschler at Berk. Unfortunately, not many fit the size criteria. I like Ted and Todd but they are hard to follow due to the commingled portfolio. I like Eric Khrom but I don't think he is big enough to file a 13F and doesn't seem to disclose positions in his letter anymore. In Canada, I follow Jason Donville and Mawer New Canada. I am in awe of Munger's 13F. Pabrai would be higher on my list if he hadn't experimented with diversification after the crash but I should probably take him out of the penalty box. His 13F is a thing of beauty too. Thanks for the pointers KCLarkin and ukvalueinvestment.

Got it, thanks.

Not many of the people on this board need to file a 13F. They also tend to be more deep value and risk tolerant than I am. WEB and tepper have too much money. I like small, concentrated, quality-focussed portfolios. KCLarkin- which other investors do you follow that fit your criteria? I follow Pabrai and Ted Weschler at Berk.

Based on 1Q '14 13f filing, is it fair to assume that LBTYK and VZ are both Ted's picks?

Great writeup.

Hi Peter123 - Thanks for the response. I actually read all the articles mentioned at http://www.givernycapital.com/en/medias, was looking for the older stuff.

Hi- I'm trying to read articles written by Francois in Montreal Gazette and they only go back to Jul 2012 (http://www.montrealgazette.com/business/topic.html?t=person&q=francois+rochon). I was wondering if any of guys found some of his older articles? Cheers

Unfortunately, I think it is B :( The below link goes through an example to illustrate http://www.marketwatch.com/story/backdoor-roth-ira-conversion-tax-free-2013-04-30

;D Hillarious.

Makes sense, thanks.

I believe only US equity holdings show up on 13fs. Fiat being a European stock doesnt show up.

I had a quick followup question. Mohnish mentions multiple times a study by 2 Professors (http://papers.ssrn.com/sol3/papers.cfm?abstract_id=806246) that shows that purchasing stocks that Buffett purchases after the news is made public and selling them after that news is made public would have earned a 11% alpha during 1976-2006. Adding this to market return of 9-10% gives a 20% return. Buffett has stated himself that float adds 6-7% to the returns, so the implied return on Berkshire should be closer to 26% (20%+6%). However, Berkshire's longer-term annualized returns has been closer to 20%. Can someone please help me understand why is there a 6% difference I'm noticing?

Skanjete- Mohnish mentioned that GM and perhaps Viacom were part of Ted's portfolio in the Columbia presentation.

Thanks for the response.

During a presentation at Columbia Business School (link below), Mohnish Pabrai mentions that an investor could do a good job by spending just 15 hours/week. He has alluded to something similar in various other instances. Do you guys know if he ever expanded on that? I was wondering what Mohnish’s suggested process for doing that would be. Link to presentation: http://cbs360.gsb.columbia.edu:8080/ess/echo/presentation/670921b2-4bad-4843-8dc5-4026360f1369