Mohnish Pabrai Lecture at Boston College (Carroll School of Mgmt) - Nov 30, 2017
Chai with Pabrai
How to Make a Thousand Dollars?
Ani: I've never been concerned about redemptions. You know, er, i think it's only been twice in 18 years when i've actually picked up the phone, called an investor and told them, look, i thinkit's not a good idea to redeem. In both cases, they were institutions, because i've most of my invester ther individuals. They were take taking out large amounts of money. And so that's what you want t doing investaing, is you want to pick out of the 50 thousand the ones that you can explain into a five year old or eight year old without losing their attention in two minutes or less. If you can do that
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