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6min chapter
Presentation and Q&A at FLAME University on December 25, 2023
Chai with Pabrai
Valuations, Buybacks, and the Mystery of Stock Prices
The speaker discusses the concept of valuations using examples of Microsoft and Kohoko, emphasizing the importance of not overpaying for a stock. They also cover the concept of buybacks, the forces that influence a stock's value, and their investment in RASAS.
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