Cloning is a very good way to invest. If you can identify what the best investors in the world are buying, you can learn a lot.
Investors
Mohnish Pabrai
Born in 1964 in Mumbai, Mohnish Pabrai used the proceeds from selling his IT company to establish Pabrai Investment Funds. A faithful practitioner of Buffett and Munger's philosophy, he systematized the principle of 'low risk, high return' in his book The Dhandho Investor. He occupies a unique position as both practitioner and evangelist within the value-investing community.
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Mohnish Pabrai's Other Quotes
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The most dangerous poison is the feeling of achievement. The antidote is to every evening think what can be done better tomorrow.
-- Ingvar Kamprad
He who lives by the crystal ball will eat shattered glass.
-- Ray Dalio
In this business, if you're good, you're right six times out of ten. You're never going to be right nine times out of ten.
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Markets are never wrong -- opinions often are.
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The markets teach you humility every single day.
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As I can, but not as I would.
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