
Mohnish Pabrai Lecture at Boston College
Chai with Pabrai
00:00
The Family, Where Do We Sign You Know?
In 19 98, they appointa hired guns. I think that for the first time ever, it was not a family member who was going to run the business. They appointed cospeker, a african, as the c eo. And kospeker said to the family, le, i don't want you to give me a bays salary. Please make my annual bonus zero. Any you want me to leave, you can let me go with no severance. All i ask is that whatever value i create, three % of that accrues to me. So the family said, where do we sign you know?
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.