4min chapter

Chai with Pabrai cover image

Mohnish Pabrai's Interview at the mint-Equitymaster Investor Hour on April 11, 2023

Chai with Pabrai

CHAPTER

The History of Satyam Computers

I had about a million dollars with me. I only invested 1% of that in India. And half of that $10,000, I put into Satyam computers. But if you remember the early 90s in India, mid 90s, Satyam's market cap was less than the value of their Hyderabad real estate. There was no value actually being ascribed to a business that was growing about 80%. In January 2000, he got physical share certificates of all these stocks and they were falling apart.

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