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3min chapter
Mohnish Pabrai Lecture at Boston College (Carroll School of Mgmt) - Nov 30, 2017
Chai with Pabrai
The Non Profit World Is More Challenged
In the for profit world, you wetter get signals to course correct. If you no those signals, you'l go out of business. But in the non profit world, if i, for example, giving away two persent of my wealth every year, that can continue forever. I think once we get past four million or five million a year, we cannot put any more capital into that endeavor. We run out our brains, physically and er. And so after that, i don't know what we'll do. We'll try to find the next highest endeavor.
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