Buffett spends a lot of time on this weird stuff right and so I think what people don't understand about Buffett is how how intensely he studies stuff. You will just find gram type stuff when you look at the numbers and so the gram in him is still alive okay. He's continuously living and learning trying to do things but he also has made a lot of bets in retail that are blown up for him. His retail record is terrible his banking record is exceptional, says Warren Buffett.
Mohnish Pabrai is the founder and Managing Partner of Pabrai Investment Funds. In this show, among lessons on life and investing, we talk about the biggest lessons Mohnish has learned from the people with whom he has been the closest in life – his father, Warren Buffett, Charlie Munger, Nick Sleep, and Guy Spier.