3min chapter

Chai with Pabrai cover image

Mohnish Pabrai's Q&A session with students at the JNV Pune on December 25, 2022

Chai with Pabrai

CHAPTER

What Happens When You Lose Everything?

My parents were very poor financial planners. When the business was doing well, they were living really well. They never saved anything. So when the business would go down, there is no money to pay rent or buy groceries. I saw situations where there was no money at all. But somehow even with no money, he will start the next business and usually his ideas are good.

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