Subject: Re: OT-Guy Spier’s Aquamarine Fund
"Thanks. I need to check out monish pabrai as well. Since he rides the Buffett / Munger coattails"

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The Pabrai Funds Q1 results for it's oldest fund, PIF2, are discussed in this weeks April 17, 2024 letter to partners.

https://pabraifunds.com/letter...

The 1 yr PIF2 perf ending 3/31/24 outperformed the benchmark S&P by ~+20% however results for longer term holders, the 3,5,10,15,& 20 year %/Yr comparisons are all neg similar to Guy Spier's Aquamarine Fund.
%/Yr shortfalls vary from ~ -2%/yr at 20yrs to ~ -10%/yr at 10 yrs.

ciao