Masterclass Case Study: Mohnish Pabrai's Cloning Strategy Applied to Indian Stocks

A masterclass case study for serious independent investors, HNIs and portfolio managers in training on one of value investing's most openly practised ideas: cloning. Mohnish Pabrai has said for years that he shamelessly copies the best ideas of investors he respects, then does his own work before betting big. This course sets out his Dhandho framework, how he sources cloned ideas, how he filters them, and how he sizes few, big, infrequent bets. It then studies his publicly disclosed Indian holdings, such as Rain Industries and Sunteck Realty, through his own lens. The second half rebuilds cloning for Indian markets, where there is no 13F: shareholding patterns, bulk and block deal data, mutual fund monthly portfolios and screener.in. It closes with where cloning breaks in India (disclosure lag, the superstar premium, illiquid small caps, survivorship bias), position sizing, selling, tax and costs, an honest critique and a capstone in which you build and defend your own clone watchlist. Educational content only, not investment advice.