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Mohnish Pabrai Lecture at Boston College (Carroll School of Mgmt) - Nov 30, 2017

Chai with Pabrai

CHAPTER

Is Your Intelligent Broker Looking at Valuations in an Intelligent Way?

In the course of a year, if you just plot the number he gives you every ay, i mean, it'd be hard for you to have a range which would be more than 950 thousand. And then again, you irritate him every day by asking him samthing he doesn'tav much do. Now, if the, if the town home were listed on the newyork stock exchange, ok, and every six seconds the price is changing, i can assure you that the range on that in a year would be something like 700000 to one point three million,. It'll be af much wider range than what your intelligent broker gave you.

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