Pabrai's latest moves

[maxthetrade]

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

[Grenville]

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

[Parsad]

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!

[maxthetrade]

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  ;)

[Parsad]

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!

[PlanMaestro]

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?

[Grenville]

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

[racemize]

wow, many of his positions and mine are similar with similar proportions!  I'm excited. 

[alertmeipp]

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.

[jeffmori7]

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.

[treasurehunt]

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!  :)

[Johnson]

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.