3min chapter

Chai with Pabrai cover image

Mohnish Pabrai Lecture at Boston College (Carroll School of Mgmt) - Nov 30, 2017

Chai with Pabrai

CHAPTER

What Is Amazon's Cash Flow?

The market has ascribed a price to amazon. It's come up with a very cise number, down to the penny, of what that business is worth right now. The ords that the market has precisely figured it out, it is as close to zero as you can possibly imagine. But when i look at stear enterprises at two times earnings, i just on t ask myself a question, are humans going o die this year? Are humans going to die next year? Yes. After two years of humans dying, will we have earned in earnings what is equal to the price of the stock? Yes. Ok, so then let's buy the stock. I have no idea

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode