Fireside Chat with Jeff Pintar on Mohnish Pabrai's lifetime Blackjack ban at a Vegas Casino on May 21, 2020
Chai with Pabrai
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Is a Buy and Hold Approach Still Valid?
The way the Fed and the treasury is pumping money into the economy which I think is the right thing to do makes O809 look like nothing. Long term interest rates have a direct impact on equity markets. If we knew what interest rates would be five years or 10 years from now in that scenario equity markets are not expensive. But I don't know how to handicap that when we have the printing press running full up.
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