AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
3min chapter
Value School (Madrid, Spain); Q&A with Mohnish Pabrai on July 9, 2021
Chai with Pabrai
The Importance of Capital Allocators
In 2015, we bought a company in India called Rain Industries. It was trading at what I would call a future PE of one. We ended up owning a third of the company for about $7 million. The only negative is that we could only put 7 million in because it was so small. So as long as the capital allocators are in place and they're doing things, even if the discount goes away, just take with it.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode