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3min chapter
Mohnish Pabrai Lecture at Boston College
Chai with Pabrai
Is He That Like He Is Drinking the Coolade?
The two er large texass in the world that understand capital allocation well, according to me, are amazon and tense. So if you look at the balance sheets of these large seven or eight players, they are all drowning in cash,. except for two s ten cent has no cash. It has net debt. And for the most part, amazon has no cash; it may not be ned debt, but basically has almost no cash. But if we look at their competitors, we look at microsop,you know, mas ie dividends and by bags and, you know, tens of billions... i havet looked at how much cash mi cosof hald buti have
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