Mohnish Pabrai's Presentation and Q&A at MDI, Gurgaon on December 22, 2015
Chai with Pabrai
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The Importance of Macro in the US
The way the US is today, I think, cannot conceive of rates much higher than... We are in a low rate of investment in the long time. The median per capita household income has been out $1,000 from the platform. And with the oil price, there it is. So, if you put all these things together, it's hard to see rates going up.
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