TIP 121 : Super-Investor Mohnish Pabrai - Part 2 (Business Podcast)
We Study Billionaires - The Investor’s Podcast Network
00:00
The United States Is a Swing Producer
I think the airline situation is similar to the railroad situation. Basically, you have an industry which has really bad economics. For example, I don't think we are going to see high fuel prices or any sustained period of time may be ever. The United States production cannot be controlled because it is 10,000 independent entrepreneurs making those decisions.
Transcript
Play full episode
