Monday, February 22, 2016

Dalal Street: Mohnish Pabrai Q4 2015


Dalal Street, a hedge fund run by Mohnish Pabrai

Activity increased somewhat during the quarter and my guess is that the activity in Q1 2016 will be extreme for all the managers... IF they had some cash around to use that is.

For the previous summary please visit Dalal Street: Mohnish Pabrai Q3 2015.

The new holding was:

Berkshire Hathaway - An American conglomerate that is run by Warren Buffett and Charlie Munger.


Dalal Street, Mohnish Pabrai, Q4, 2015, holdings


Conclusion: Ouch, Mr. Pabrai decided to kick out Posco. That was a big surprise. He must have had a loss of around -50% on that one. It is one of the best steel companies in the world but obviously Mr. Pabrai is no longer confident regarding when the prices for steel will go up again. It is also not the first time that he parks his money in Berkshire Hathaway when the share price there has come down to a more comfortable level. Oh, and of course his Google shares got converted to Alphabet so that is not a new holding. He also decreased in General motors and in WL Ross.

Source: SEC

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