Is Monish Pabrai dumping seritage?

SRG
Praveen Chawla GuruFocus PremiumPlus Icon Jan 11, 2022

This is a bit of a surprise as he established the position in Q2-2020.

Mohnish Pabrai 13F Profile and Holdings Summary - GuruFocus.com

juandiegoth GuruFocus PremiumPlus Icon Jan 24, 2022

True! Specially if you here this Podcast https://youtu.be/VsDjsE8BfHo Where he quotes the book from Tomas Phelps which suggests that selling a stock providing proof that you made the wrong decision. Around Min 35.

Praveen Chawla GuruFocus PremiumPlus Icon Jan 25, 2022

Thanks. I will check it out. This has become a pattern with him - EAF, BABA and now SRG.

Caleb Leal May 13, 2022

Seems he is. Although his friend (Guy Spier) and his fund (Aquamarine Capital) still holds SRG. But it is interesting as it was 50% of his portfolio. Very interesting move.

J_C May 24, 2022

I see no reason why he would buy this company-- it has a very short cash runway, and looks like it is on the path to bankruptcy. At least he sold now, instead of his shares becoming completely worthless.