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Value School (Madrid, Spain); Q&A with Mohnish Pabrai on July 9, 2021

Chai with Pabrai

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The Anjali Family Holding Company XOR Has a Long Runway

Warren Buffett used to say 99% of his network was in Berkshire Hathaway. He doesn't say that now because the 1% that he had outside Berkshire has actually grown significantly more than the compounding inside Berkshire. John Elkan is a good friend of mine, wonderful guy and I think he is very thoughtful...I don't believe they will retain their stake in the rest of the auto sector for decades on end.

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