TIP 121 : Super-Investor Mohnish Pabrai - Part 2 (Business Podcast)
We Study Billionaires - The Investor’s Podcast Network
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The Importance of Learning From Others' Mistakes
Pabrai: "I'd raised about, I think about 4 million or so in capital for that and about 2.2 million of that was my own money" He says the investors who had put in money all saw it go to zero; he felt 'terrible' But a lot of success came to pabrai funds in the next several years if not for this mistake,. Pabrai's company is now worth more than $1 billion.
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