MOHNISH PABRAI 00:07
When it gets to 90% of intrinsic value or if it's below 90%, maybe it might be 80% or 70% or something and something else is much cheaper, maybe a 40 or 50 cents dollar and we don't have cash, we might make that swap.
I also want to as much as possible for our US funds have long-term gains. So in general, we don't, you know, I'm not a big fan of selling less than a year and such. Unless you know, it's getting well above intrinsic value and all of that.
1. Usually will not sell in less than a year unless the share price is well above its intrinsic value.
So when will Mohnish Pabrai sell?
1. When share price reach its intrinsic value.
2. When there is a better opportunity and he don't have the cash.