2min chapter

Chai with Pabrai cover image

Mohnish Pabrai’s Q&A Session with MBA Students at Georgetown University – March 4, 2021

Chai with Pabrai

CHAPTER

What Are the Key Suggestions You Will Give to Investors?

Lulu: I think what I noticed with someone like Lulu or even with Nick Sleece, they tend to start these positions small and they don't seem to have a problem with buying as it goes up in price. The other thing I found to be true is you really understand a business only after you own it. You're not really real money in a portfolio. That's when you really start to understand it. So it could be just fine. Elliot: What are the key suggestions you will give to investors who want to go into those big, like deep value investing? Lulu: They may not have enough access to those information from your own standpoint.

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