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2min chapter
Mohnish Pabrai Lecture at Boston College (Carroll School of Mgmt) - Nov 30, 2017
Chai with Pabrai
How Do You Prepare Yourself for a Recession?
In the book, everything about the califormula that i wrote is correct, except that it only wer s when you get to do azillion bets. And so what i would suggest is, if youre eading the book, just ignore the entire section on califormula. The second thing is that i've never invested d more than ten % of assets into a single stock. So those other thoomont rather basically, i have no ability to forecast recessions.
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