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4min chapter
Mohnish Pabrai's Presentation and Q&A at the Boston College on October 27, 2022
Chai with Pabrai
Cannibals
Timothy Stanley once said that if you were spending a lot of time analyzing a business in Excel, then something is seriously wrong. He says he has to look at businesses which look like a union-pacific railroad and see what happens 20 years from now. The good news is that if you had a portfolio of 10, you could have seven that don't work and still be a great return," he adds.
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