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3min chapter
Mohnish Pabrai on Mistakes, AI Euphoria, Nvidia, Microsoft
The Art of Value
The High Error Rate and Investing
Monish Pepper: To be a good investor, you need to be pessimist and optimist at the same time. He says that investing is prone to error because we're trying to project future trajectory of a business. In video, it doesn't matter if he doesn't invest in video, even if it goes 10x over the next 10 years, but it depends what else he invests in. Monish Pepper: Watching hundreds of hours of Buffett videos would stand you in goods dead for a future in investing.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode