AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
2min chapter
Mohnish Pabrai's Presentation and Q&A at the Boston College on October 27, 2022
Chai with Pabrai
Cannibal Investing - What Matters After 20 Years?
The important thing in all these cannibal oriented businesses is they shouldn't hold back from investing or reinvesting in that business if they've got great opportunities. AutoZone is still opening new stores, it's just that they're taking some of the excess capital and using that for buybacks. If you look at some businesses, which I think look like great cannibal candidates, ADP, for example, being an app because disruption comes from all over the place. It looks very solid for a very long time.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode