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Mohnish Pabrai's Presentation and Q&A at MDI, Gurgaon on December 22, 2015
Chai with Pabrai
The Bubbles That Cause Poverty
My job as a national indicator is to try to understand what may cause poverty. Many of those things are very common sense questions. And the way of the answer is to be wrong, so very common sense. But human stupidity, why is GoPro, as Goni said, it's a cavern? My son has one. He has $400. Why should it cause my billion? It defies common sense.
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