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Value School (Madrid, Spain); Q&A with Mohnish Pabrai on July 9, 2021

Chai with Pabrai

CHAPTER

The Benefits of Holding Company Discounts in the Equity Markets

Holding company discounts in the equity markets is a very common occurrence. Overshooting an undershooting that helps us make money. So I love auction driven markets because it gives us all opportunities. But you also have to be willing to take the pain where you are holding something and it's dropped a lot in price, as long as the underlying asset is still worth a lot more.

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