Mohnish Pabrai acquired 1.59 Million Micron Technology shares worth $109 Million. It makes up 82.37% of their stock portfolio and is their biggest holding. The first Micron Technology trade was made in Q4 2018. Since then Mohnish Pabrai bought shares nine more times and sold shares on three occasions. The stake costed the investor $69.9 Million, netting the investor a gain of 55% so far.
Several super-investors (e.g., Mohnish Pabrai and Li Lu) that I closely follow are currently betting heavily on Micron Technology, Inc. Click for my take on MU.
In his latest letter to investors, Mohnish Pabrai warned about the perils of buying stocks at high prices. He explained that it’s possible to overpay for eve...