Mohnish Pabrai Lecture at Boston College (Carroll School of Mgmt) - October 8, 2020
Chai with Pabrai
00:00
The Upswing of the Nikkei
I told them all at that time when we were just talking that I said, look, you guys have, in many cases, 90% of your net worth in Microsoft stock and options. And until 2015 or 16, Microsoft was zero returns. They all told me, oh, you don't understand our business. The companies never, the stock just goes up like clockwork. We get our options and we hang on to them and life is great. But none of them actually even wanted to hear the math about the 70 times trailing earnings or whatever else.
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