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3min chapter
Mohnish Pabrai's Presentation and Q&A at MDI, Gurgaon on December 22, 2015
Chai with Pabrai
The Importance of Being in the Right Place
The S&P 500 has analyzed at over 10% to the last 75%. 90% of returns that people generate is actually better. So there's a good chance interest rates will be over a long time. In spite of 2008, my portfolio generated over 10%. Since 2005, 2011, it depends on what. If you were with the top, the sign manager or an average manager was top. But the fact that you had to be the US was going to top.
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