No. of Recommendations: 2
I bet Pabrai funds' intrinsic values are so so so high. Just wait for a while - like a century - for mean reversion.
I don't know whether those return calculations are accurate. They may very well be. But I do know that I learn a great deal by listening to or reading some investors, and not so much from others, no matter their historical performance. Pabrai is one whose words contain much wisdom, in my opinion. So I tend to watch his interviews and internalize the teachings, mostly disregarding the performance figures.
Reminds me of the fact that some of the best hitting coaches in baseball were themselves pedestrian hitters, at best. And some of the best hitters failed to make good hitting coaches. One does not need to be excellent at a craft to teach it well or to be worthy of watching.
