Mohnish Pabrai: Why I Swapped Alibaba for Tencent

In three recent interviews, investor Mohnish Pabrai revealed why he sold Alibaba (BABA) stock, and swapped the investment for Tencent instead. He also revealed what he now thinks of both companies as investments. Related video: Mohnish Pabrai: “The best way to invest is…” https://youtu.be/lxl2bIS1o6c Timestamps: 00:38 Super-investors who own BABA 02:02 Value investing in China - the risks 03:03 Why sell BABA, and why at that time? 04:12 Tax loss harvesting 05:14 The superior business 06:07 BABA bull and bear points 07:54 Did Pabrai make the right long-term decision? 09:00 Acceptable error rates - John Templeton Mohnish Pabrai interviews referenced in the episode: Mohnish Pabrai’s Q&A session with the Asian Institute of Technology, Bangkok on August 30, 2022 https://www.youtube.com/watch?v=wz8N5CkTA2w Mohnish Pabrai’s Talk with CFA Society of Mexico on August 17, 2022 https://youtu.be/MYR0tWgstMI Mohnish Pabrai Interview (1/4) - Everything money - 20 Dec 2021 https://www.youtube.com/watch?v=ELRBmkAv01I Disclaimer: I am not a financial adviser. This content is for education and entertainment purposes only. Do your own analysis and/or seek professional financial advice before making any investment decision.