3min chapter

Chai with Pabrai cover image

Fireside Chat with Jeff Pintar on Mohnish Pabrai's lifetime Blackjack ban at a Vegas Casino on May 21, 2020

Chai with Pabrai

CHAPTER

Are We Going to Open Up Orange County?

I think that the medicine is the far worse end of the disease and I'm hoping we have a lot of natural experiments going on in the world. We will take a long time to get back to where we were in January, even five years from now. Most businesses will not survive if you take away 60 days of revenues or 90 days of revenues. Very few businesses can survive that. There are something like 1600 businesses a week in the United States in normal times that go out of business. That's just the normal creative destruction that goes on in the economy.

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