Pabrai Investment Funds is an investment firm that was modeled after Buffett’s investment partnerships launched by Mohnish Pabrai. Pabrai is a value investor, with a primary focus on investing in smaller companies, with a market cap in the half billion dollar range that are out of favor. He tends to run a concentrated portfolio with 10-20 names. He employs a “If I win, I win a lot – if I lose, I don’t lose much” approach to investing which has proven to work. His portfolio concentrates on India and emerging nations, as he doesn't find many mispriced or undervalued stocks in the U.S. market.