Avoid Leveraged Businesses! | Mohnish Pabrai at Georgetown University
Chai with Pabrai
00:00
How Much Information Do You Need to Know Before Investing?
Moniz: My answer would be if it was 95% of my portfolio and I owned it for 15 years, I would just do nothing. It's getting better by the day. And is it egregiously overvalued? I don't think so. Isaac: How much information you need to understand for your level of conviction to be a buy? Moniz: There's a certain point between ... knowing everything when I'm comfortable starting to invest.
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