In three recent interviews, investor Mohnish Pabrai revealed why he sold Alibaba (BABA) stock, and swapped the investment for Tencent instead. He also revealed what he now thinks of both companies as investments.
Related video:
Mohnish Pabrai: “The best way to invest is…”
https://youtu.be/lxl2bIS1o6c
Timestamps:
00:38 Super-investors who own BABA
02:02 Value investing in China - the risks
03:03 Why sell BABA, and why at that time?
04:12 Tax loss harvesting
05:14 The superior business
06:07 BABA bull and bear points
07:54 Did Pabrai make the right long-term decision?
09:00 Acceptable error rates - John Templeton
Mohnish Pabrai interviews referenced in the episode:
Disclaimer: I am not a financial adviser. This content is for education and entertainment purposes only. Do your own analysis and/or seek professional financial advice before making any investment decision.