2min chapter

Chai with Pabrai cover image

Mohnish Pabrai Lecture at Boston College

Chai with Pabrai

CHAPTER

Investing in a Small Business in China

I wanted to ask, i've read that you won't invest in a company just because it looks like it's going to do well. And energy, energy industry companies, some of em are trading at ten times more than their revenuead I was wondering if you think those and other well performing companies and industries are overvalued. Well, i want to invest in companies and do in the future. That's what i'm trying to do. But very few things will be within the circle of confetence of each of us. Most things will fall outside that circle. Just the nature of the world is a complicated place, and we can't figure everything out.

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