Fireside Chat with Jeff Pintar on Mohnish Pabrai's lifetime Blackjack ban at a Vegas Casino on May 21, 2020
Chai with Pabrai
Is There a Bubble in Equity Markets?
I think we saw some semblance of this in 99 and 2000 with the dot com bubble so at that time what happened is a lot of money went into one small sliver of the market. So when you look at the fangs stocks and such everything in equity markets is around a kernel of value. Those businesses are incredible businesses but everything has a price and I think those prices are disconnected from reality.
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