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7min chapter
Mohnish Pabrai's Q&A Session at Boston College, Carroll School of Management on October 12, 2023
Chai with Pabrai
Investing in Turkey: Finding Anomalies and Mispricing Opportunities
In this chapter, they discuss a particular investment opportunity in Turkey that seemed like a fraud at first, but turned out to be a legitimate business with a significant liquidation value. They highlight the mispricing opportunities in the Turkish market and how short-term trading behavior created bargains. They also mention their infinite return on their investment in Leerah due to the collapse of the currency.
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