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Mohnish Pabrai's Presentation and Q&A at MDI, Gurgaon on December 22, 2015
Chai with Pabrai
The Disparate Between the Pretty Market and the Real Market
The rise of oil is now at its lowest probably 15 years. The demand for the commodity has not really slack it up, but the price has happened. Yesterday, I had a dinner with a gentleman who was invested in energy in India. And so, he was promised $9 for the natural gas, for one week year of natural gas. But then, money changes. Now, you want to pay the $4.00 a month. So, this consortium is asking them to pay at least the import price. For political reasons, they don’t want to. These are the examples of the least dating of the power. In this case, it is days of all units.
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