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Mohnish Pabrai Lecture at Boston College (Carroll School of Mgmt) - November 7, 2019

Chai with Pabrai

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Mastering Your Investment Niche

This chapter highlights the importance of concentrating on one's circle of competence in investing, using the example of a successful real estate developer to illustrate how focused expertise can lead to significant wealth. It emphasizes patience and discipline, arguing that part-time investors can achieve success by honing in on a few key investments rather than engaging in constant trading.

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