One of Mohnish Pabrai’s favorite quotes goes something like this: Heads I win; tails, I break even or don’t lose much. When it comes to investing in the stock market, that seems like an ideal to strive for. Let’s examine some worst case scenarios in owning pieces of businesses.
I’ve been asked a number of times to analyze Wal-Mart. My goal here is not to offer stock tips; rather, I want you to be able to do it yourself. Still, I looked at (and bought) Wal-Mart for myself, so here it is: To preface, investors that comb Morningstar to…