Auction-driven markets can misprice assets - sometimes dramatically. Our Portfolio Manager Mohnish Pabrai shares why patience, and the conviction to act when mispricings get extreme, can be the difference between mediocre and good investment decisions.

@wagonsfund @MohnishPabrai I think he is a very good teacher as well.

@wagonsfund @MohnishPabrai Extreme mispricing is where patience pays. Auction markets swing between fear and FOMO, but disciplined investors use those moments to buy high-quality assets with built-in margin of safety.

@wagonsfund @MohnishPabrai Brosef close the fund your not gonna outperform

@wagonsfund @MohnishPabrai Bs! Who would put 20% of portfolio in 1 co, that too from 🇮🇳? Edelweiss, really? Which is 1B. US stock mkts get 💰 from all over the 🌍 now. Back in 2000 it was a diff game. No doubt PE is high bt Big US corps control too much of what everyone uses 📱 ☁️ chips search eCom S media

@wagonsfund @MohnishPabrai i think its worth exploring the wagons fund initial underperformance compared to the sp500? Buffett and other value investors perform very well out the gate. the underperformance normally comes decades later once the capital has grown exponentially.

@wagonsfund @MohnishPabrai baslayacam investmentina ya gentsda dunyanin malini almissin neyi bekliyon dayi isimiz gucumuz var sur artik