Mohnish Pabrai’s Presentation and Q&A at the Boston College on October 9, 2014
Chai with Pabrai
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Patience and Philosophy in Investing
This chapter explores a reflective discussion on investment strategies with a renowned investor, highlighting the significance of the inner versus outer scorecard. Key themes include the necessity of patience for long-term wealth accumulation and the risks of high leverage exemplified by past investor experiences. The conversation emphasizes the intersection of financial metrics and human behavior, advocating for a thoughtful approach to valuation and the impact of honesty in relationships.
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