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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
Live Nation Is a Great Business, but It's Not a SIC Group, Right?
Live Nation has the lowest rate, it's the SIC group with the lowest rate of business failure of any SIC code in the US. Live services should not have dropped in value through the entire virus scenario because no matter what happens, we want the last flights of our dear ones done properly. So if you want a business where you clip coupons, please go into the funeral services business. It's great business. But the thing is because we are in auction driven markets, you get strange pricing on chariot services and youget strange pricing on live nation.
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