Chai with Pabrai cover image

Mohnish Pabrai Lecture at Boston College (Carroll School of Mgmt) - October 8, 2020

Chai with Pabrai

00:00

The Importance of Optionality in Business

Ferrari was making less than 150 million a year when I made the investment. When we bought Fiat Chrysler, for example, in 2012, I was just looking at this as a car business with a great CEO who was going to write the ship. And that says, we'll open up brand new things that you never imagined. We're not part of the model. Like Starbucks starts reserved. So there's more higher end on the coffee or even started serving alcohol,. But it's also richly priced.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app