Mohnish Pabrai’s Talk and Q&A session with students at the University of Texas on February 28, 2023
Chai with Pabrai
00:00
Lessons from Fiat Chrysler: Investment and Innovation
This chapter explores a past investment in Fiat Chrysler Automobiles, examining the intricate challenges within the automotive industry, including high capital costs and changing consumer preferences. The speaker reflects on the significant undervaluation of Fiat Chrysler and its promising franchises, alongside their regret over selling shares too early, particularly in Ferrari. Additionally, the chapter discusses strategic investment approaches, the idea of 'cloning' successful initiatives, and the impactful work of the Dakshana Foundation in empowering underprivileged children through education.
Transcript
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