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Mohnish Pabrai's Chat with students at the Rotman School of Management on March 03, 2023

Chai with Pabrai

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The Importance of Circulating Your Wagons

Rakej Patel was worth about $7 billion when he died last year. He had put 4% of his net worth at that time into Titan Industries, a jewelry retailer and manufacturer. You don't really know a business till you invest in it,. And it really takes you a few years of ownership to really understand the business.

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