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8min chapter
Mohnish Pabrai's Q&A Session at Boston College, Carroll School of Management on October 12, 2023
Chai with Pabrai
The Importance of Patience and Identifying Distressed Industries
The speakers discuss the need to be patient when finding investment opportunities and highlight the distinction between temporarily distressed industries and those in long-term decline. They use examples such as Warren Buffett's investment in a newspaper company and their own experience in the auto industry to illustrate their points.
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