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Mohnish Pabrai’s Q&A with CFA Society of Mexico on August 17, 2022

Chai with Pabrai

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Is There a Mispriced Opportunity in Turkey?

There is always mispriced underpriced securities in some area or segments that is usually hated or unloved. A lot of mispriced opportunities will still exist because if you think long term, that can give you an edge. It's really difficult to invest in a place with 80% or higher inflation and do well in dollars. But there are some businesses in Turkey where all their revenue is in euros from the European common market.

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