What are the super investors buying?
We have our heroes in our lives. For some, they could be our parents, siblings or someone in the public domain. As an investor, I have read several materials from & about some of the top investors. For ease of reference, let us call them " super investors ". Heroes come in different shapes, sizes and strategies. As (an "aspiring") value investor, it would not be surprising that I started by reading up materials on Benjamin Graham, Warren Buffett, Charlie Munger, Peter Lynch, Li Lu, Mohnish Pabrai, Nick Sleep, Guy Spier and the likes. With heroes, it is not surprising that we will study them, watch their interviews and read their books. For some of us, we would even consider "cloning" their portfolios. Mohnish Pabrai admits that he is a "shameless" cloner. For me, let us not forget to do our own due diligence before we invest . We should not invest with the conviction of another . Without understanding the stock, do we...