How should investors react if a stock market slumps 20 percent? According to investor Mohnish Pabrai, gleefully.
Investors should be thrilled when markets drop as it provides “decades of stock buying” opportunities, he said. Pabrai, speaking in a special BQConversations show, said it is hard to predict what stock prices will do and so investors should first make sure the business they’re buying is within their circle of confidence.
For the full text and video, click here.