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3min chapter
Mohnish Pabrai Lecture at Boston College (Carroll School of Mgmt) - Nov 30, 2017
Chai with Pabrai
The Total Wealth of the United States Is About a Hundred Trillion Ah
The island of manhattan, even with all its buildings and everything else, is waigh under 13 trillion. If the indians had gotten the seven % return, ah, they'd be at 13 trillion. The problem is they had an incompetent investment officer who couldn't bring the bacon home. We cant make sure that such incompetence is permanetly, permanently banished from places like arvin's class.
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