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3min chapter
Mohnish Pabrai's Presentation and Q&A at the University of Nebraska, Omaha on May 5 2023
Chai with Pabrai
How Rakesh's Life Changed the Way I Invested
In 2003, Rakesh bought 5.9% of a company in India called Titan Industries. By 2011, he had increased his stake in Titan to 11%. The second 6% or so that he bought or 5% that he bought. He paid almost 20 times what he paid for the first 6%. When he passed away, he still owned 5.2% of Titan, valued at 1.4 billion.
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