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Fireside Chat with Jeff Pintar on Mohnish Pabrai's lifetime Blackjack ban at a Vegas Casino on May 21, 2020
Chai with Pabrai
The Micro in Investing Always Trumps the Mat
Berkshire Hathaway is highly cashed up. Doesn't sound like they've been making any major investments even when the markets fell 30 some odd percent which probably talks to their testament of discipline. They have been buying Berkshire's talk and he said that he doesn't think that the 130 plus billion cash file that Berkshire has is that big in this environment. I don't, no one has a crystal ball but I would say that what I've always focused on as an investor is forget the macro. The macro is too hard to figure out. Focus on individual businesses and in your business for example it's really simple. If there is a house for sale and you look at the unlevered
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