Mohnish Pabrai of Pabrai Funds tells that he doesn’t believe in investing in IPOs & would rather advise to focus on long-term compounding in conversation with Tanvir Gill.

H/T ValueInvestingWorld

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Mohnish Pabrai Indian-American businessman, investor, and philanthropist famous hedge fund investors, value investors, chai with pabrai, heads i win tails i don't lose, pabrai funds, Mosaic: Perspectives on Investing, clone investing, The Education of a Value Investor, The Dhandho Investor: The Low - Risk Value Method to High Returns, Zinc, Horsehead holdings