
America had captured markets that used to buy from Europe. Factory production had risen sharply to meet the needs of the war. The First World War had been good for American business. The period from 1920-29 is often called the ‘Roaring Twenties’. Pabrai started the meeting with a Fiat Ad, Fiat Chrysler Automobiles is one of the top holdings in Pabrai Funds.Ī brief history of booms and bursts in the past century.īubble in the Automobile Industry ( 1918 – 1921 ) He later reviewed the performance of Pabrai funds, followed by postmortem of some of the recent investments and finally answered questions from the audience. The meeting started with a presentation where Pabrai shared his thoughts on markets and current economic condition. The format of the meeting was similar to last year. Dinner is served after the meeting and is a great opportunity to meet and connect with other attendees. Mohnish Pabrai is a great host, he takes time to meet the attendees before the meeting.

The number of people attending the meeting has grown over the years. This past weekend I was in Irvine to attend the annual meeting of Dhandho Holdings and Pabrai Funds.
