“Look at the cannibals!” is advice Charlie Munger gave directly to Mohnish Pabrai, a keynote instructor at Latticework 2016. As Ross Taylor explains, looking at dutch auctions is a fertile process to look at cannibals.
I recently enjoyed a wisdom filled conversation with Ross Taylor, Portfolio Manager & Chief Investment Officer at Somerset Capital Advisors in New York City. Drawing from cumulative experience spanning nearly three decades, Ross explored the intricacies of intelligent investment in overlooked public companies. In the highlight below, Ross explains the intricacies of dutch auctions: