7min chapter

Chai with Pabrai cover image

Mohnish Pabrai’s Session with CFA Society, United Kingdom on June 12, 2024

Chai with Pabrai

CHAPTER

A Journey into Coal Investments

This chapter recounts the speaker's unexpected shift to coal investments and reflects on their nostalgic connection to prior steel investments. It discusses the complexities of management decisions regarding cash flow and share buybacks while emphasizing the importance of strategic financial forecasting.

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