Mohnish Pabrai's Presentation and Q&A at the Boston College on October 27, 2022
Chai with Pabrai
00:00
Henry Singleton and the 40x
In the 60s, Henry Singleton was issuing shares furiously. The 70s is buying back shares like crazy. Apple bought back 39% of shares in 10 years and Teladine bought back 90%. But you see a huge difference because the valuation deltas allowed Henry to buy back well beyond the earnings of Teladine.
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