Value Investing, Great Compounders, and Lessons from Buffett and Munger on January 5, 2022
Chai with Pabrai
00:00
The Emotional Turmoil of Investment Decisions and the Value of Maotai
This chapter examines the emotional challenges investors face when considering repurchasing shares sold at a loss, with a focus on Maotai, a leading Chinese liquor company. It highlights the intricate market dynamics, including counterfeit concerns and regulatory influences that complicate investment decisions in China.
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