Does the price of Godrej Industries reflect the sum of its businesses? A broking company thinks not

Demergers have been great opportunities for shareholders to make money. Indian companies have invested through cross-holdings and subsidiaries in a variety of businesses and when these businesses have been spun off, they have created huge value for shareholders. The best example is the...

Mohnish Pabrai has followed Buffett religiously and beaten him in the last few years. He calls himself a shameless clone 

Every year, Mohnish Pabrai bids to win a lunch with his hero, investment legend Warren Buffett, auctioned on eBay. In 2006, his final bid was $300,000 --  $98,000 more than his bid in 2005. The lunch was auctioned at $351,100. “Next year, I’ll get more ammo together and...