Mohnish Pabrai's Presentation and Q&A at the Boston College on October 27, 2022
Chai with Pabrai
00:00
What Is the Definition of Intrinsic Value?
Monash University professor asks about the notion of intrinsic value and where that factors in to your decision-making process. "I was actually misled" by Ben Graham, who anchored his view on a subset of book value - he didn't even anchor on intrinsic value. Monash: The ideal situation is if you look at, let's say Amazon, through its history, hardly generated any cash.
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