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Mohnish Pabrai Lecture at Boston College

Chai with Pabrai

CHAPTER

The Kid Who Enjoyed the Treasure Mants

When Warren Buffett was in his twenties, he used to go through these mores manuals. Theres very thick a manual, which i, you know, maybe four or five stalks and a page,. Very fine print, giving you a lile data on each company. He went through those manuals multiple times, and he went through thousands of businesses. This was purely quantitative analysis with no technology tools of any kind; one reading at a time. And he found some businesses that were just weirdly off, like, you now, market capis 25 million and earnings last year were forty million.

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