Interesting multi-strategy

Mohnish Pabrai’s 2 cents…

https://www.forbes.com/sites/janetnovack/2017/12/15/the-free…

Cutting to the chase:

Here are the 2018 constituents for all three buckets.

Uber Cannibals [companies with lots of stock buybacks]: Lowe’s Companies (LOW); NVR (NVR); Sleep Number (SNBR); The Hackett Group (HCKT); Willis Lease Finance (WLFC)

Shameless Cloning [copying value investors]: Alibaba Group Holding (BABA); British American Tobacco (BTI); Fiat Chrysler Automobiles (FCAU); General Motors (GM); Micron Technology (MU)

Spinoffs: Adient (ADNT); CSRA (CSRA); GCP Applied Technologies (GCP); Lamb Weston Holdings (LW); Synchrony Financial (SYF)

8 Likes