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2min chapter
Mohnish Pabrai's session with EO Gurgaon on January 10, 2023
Chai with Pabrai
Is Your Grandfather Interested in Investing?
The company has the largest freight train network in Turkey. The father never went to college, but he just understands that if I put a dollar out, he wants to know your dollar and if it's not coming back in three years, he's not interested. So my stake is almost at the level of their stake. Now they've increased their stake. They are like 42 or 42%. And the second thing what I notice about these fatherson that run this business is that they didn't just have the warehouse business. Each one has very favorable economics and each one is a high quality business.
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