
Mohnish Pabrai's Presentation and Q&A at Indian School of Business on July 13, 2013
Chai with Pabrai
00:00
Stock Price Fluctuations and Distortions
The speaker analyzes the fluctuations in stock prices and explains how auction-driven mechanisms and extreme fear or greed cause distortions in the market. They discuss how Warren Buffett has benefited from these distortions and the importance of identifying and taking advantage of them. They also emphasize the need to understand businesses well and stick to one's circle of confidence when making investment decisions.
Transcript
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