Mohnish Pabrai's Thoughts on Alibaba (BABA) and Tencent (TCEHY)

TL;DR

Manesh Pabrai has decreased his ownership of Alibaba shares and expressed his interest in Tencent as a potentially good investment opportunity.

Transcript

welcome back to everything money in this video we will discuss manesh pibrai and his liquidation of his ali baba shares he went on a rampage talking about how much he's in love with 10 cent we'll talk about alibaba we'll mention why 10 cent in his mind is a good is a good company to invest in the future i'll bring in paul i'll bring in mo he will s... Read More

Key Insights

• ❓ Manesh Pabrai has significantly reduced his ownership of Alibaba shares.
• 💖 Pabrai's interest in Tencent has sparked discussions within the investment community.
• 🤨 Questions have been raised about the transparency of Pabrai's actions and holdings.
• 🤔 Paul emphasizes the importance of independent thinking and evaluation when making investment decisions.
• 🎼 The potential growth of Tencent in various sectors, such as online gaming and music, has garnered attention.
• ❓ Pabrai's cloning approach to investing is discussed.
• ❓ The reliability of financial data from Chinese companies, including Alibaba, is a common concern for investors.

Questions & Answers

Q: Why did Manesh Pabrai decrease his ownership of Alibaba shares?

Manesh Pabrai has not explicitly mentioned the reasons for decreasing his Alibaba holdings. However, it is believed that he is more interested in Tencent as an investment opportunity.

Q: Did Pabrai confirm investing in Tencent?

There is no confirmed information regarding Pabrai's investment in Tencent. While he has spoken highly of the company, there is no official confirmation of his holdings.

Q: What concerns does Paul have about Alibaba's numbers?

Paul is skeptical about the reliability of the financial numbers coming out of China. This has been a recurring concern for him, and he has mentioned it as a reason for his cautious approach towards Alibaba.

Q: Why does Paul trust Charlie Munger's ownership of Alibaba?

Paul believes that Charlie Munger's ownership of Alibaba indicates his confidence in the accuracy of the company's financial numbers. Munger's significant investment in Alibaba adds credibility to its financial position.

Summary & Key Takeaways

• Manesh Pabrai has reduced his ownership of Alibaba shares by 78% and has shown interest in Tencent.

• There are speculations about whether Pabrai has completely sold his Alibaba shares.

• Pabrai has evaded answering questions about his individual holdings in interviews.