Pabrai Investment Funds

Mohnish Pabrai serves as Managing Director and sole decision-maker. He is the founder and the only named professional, with no co-CIO or investment committee disclosed. Pabrai has openly attributed his investment framework to Benjamin Graham, Warren Buffett, and Charlie Munger.

Primarily public equities, though Pabrai has made occasional direct co-investments in private deals alongside Berkshire Hathaway and others. The vast majority of deployed capital is in publicly traded stocks.

Pabrai has publicly stated he avoids technology and speculative growth stocks, preferring businesses with sustainable competitive advantages at low valuations. He also avoids highly leveraged financials and businesses he cannot understand (a Munger-derived rule).

Pabrai does not rely on proprietary sourcing; he operates a public-equity value approach, filtering for good businesses at low prices. When seeking direct investments, he often co-invests alongside Berkshire Hathaway or follows the holdings of known value investors.