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3min chapter
Mohnish Pabrai’s Q&A with members of The Babson College Fund (Babson College Students)– Feb 9, 2021
Chai with Pabrai
How to Narrow Down Your Investment Options
The Leera went down 40% within six months after I invested. But who cares? Because those, the cement prices, if the Leera goes down dramatically, cement prices are going to go up. Charlie Munger has a very good friend, John Arriega,. And he only invests in real estate within two miles of the Stanford campus. That's all he's ever done in his whole life. If you went to John Arriega and said, hey, we've got this strip mall in Sacramento, he wouldn't even let you finish the sentence. He said, I'm not interested.
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