"GameStop is a ridiculously useless company it's completely obsolete they have no real estate," he says. "Everything in video games has gone digital so they have this huge kind of aircraft carrier that they have to keep feeding and paying" He adds: "If you can issue stock at those high prices and try to do something with it you might be able to make something old but it's a very tough uphill battle"
Mohnish Pabrai is the founder and Managing Partner of Pabrai Investment Funds. In this show, among lessons on life and investing, we talk about the biggest lessons Mohnish has learned from the people with whom he has been the closest in life – his father, Warren Buffett, Charlie Munger, Nick Sleep, and Guy Spier.