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4min chapter
Mohnish Pabrai’s Q&A with members of The Babson College Fund (Babson College Students)– Feb 9, 2021
Chai with Pabrai
The Importance of Stock Picks
We don't need great stock picks. That's not where the games are because if I give you one stock pick, it'll run out of steam in two or three years. The more important thing than which stock is your savings rate? There's a guy called Mr. Money Mustache. He was a software engineer and he graduated at 22. And his goal was that when he turned 30, that he would be financially independent and he would no longer be working.
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