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Mohnish Pabrai's Chat with students at the Rotman School of Management on March 03, 2023
Chai with Pabrai
The Importance of Disconnecting the Intent of the Company
When you are absolutely convinced that some castle is in permanent secular decline, you then have to put the wagons around something else and move from there. Charlie Munger said that he read Barons for nearly 50 years. And so Barons would show up every week at his home and he'd read it. So let me go a little further back to first explain Li Lu and then we will get to the Chinese liquor and then we'll get to an has a bush.
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