MarketWatch
Here’s what one investor says he’s learned from Warren Buffett and Charlie Munger — and the mistakes he’s made
Monish Pabrai, the founder of both the Pabrai Investment Funds and the Dhando Funds and an author on investing, gave an interesting interview earlier this month on what he has learned from legendary investors Warren Buffett and Charlie Munger. As the dot-com bubble at the turn of the century became apparent, he decided to invest in very basic businesses, like funeral homes and steel mills, at two and three times earnings. Right now, he sees bubbles in crypto and in meme stocks like GameStop (GME) and AMC (AMC) In the tech sector, he’s not sure if it has corrected fully or not.