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Boston College, Carroll School of Management Presentation, December 3, 2015

Chai with Pabrai

00:00

Mastering Patience in Investment

This chapter explores the critical role of patience in investing, drawing from the speaker's experiences with Pabrai Funds. Emphasizing the importance of an inner scorecard and independent thought, the discussion highlights the balance between cloning successful strategies and generating original ideas. The chapter also elaborates on evaluating investments through the lens of risk versus uncertainty, showcasing examples to illustrate these principles.

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