Latticework Investor

Notes from the Value Investing Congress Twitter feed.

Mohnish Pabrai

• Pabrai presenting: “Leveraging Checklists to Dramatically Improve Investing Results”
• Pabrai contrasts success of Federal Aviation Administration, which has adapted to tragedys, vs US Nuclear Industry which has not
• Pabrai has developed investment checklist base on mistakes made by other value investors
• Pabrai has 80 mistakes on his checklist so far
• No comapnies will pass all of Pabrai’s 80 questions on checklist
• Checklist has helped Pabrai with position sizing
• Pabrai-prop and casualty market very soft, but value to be found there; cites Markel
• Pabrai says checklist would have changed some of his prior decisions had it been in place