Mohnish Pabrai Lecture at Harvard University - April 7, 2020
Chai with Pabrai
00:00
Risks of Derivative Accounting and Portfolio Recovery Insights
This chapter explores flawed accounting practices in major corporations like Enron and General Electric, emphasizing the risks associated with derivative accounting. The speakers also share personal experiences in portfolio recovery following the 2007-2008 financial crisis, shedding light on the implications of fee structures tied to investment performance.
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