Mohnish Pabrai Lecture at Boston College (Carroll School of Mgmt) - October 8, 2020
Chai with Pabrai
00:00
The Importance of Playing in the Epicenter of Your Circular Competence
The good thing about investing here, that it doesn't matter how big your circular competence is. What is really important is to not step out of it. And what is even more important is just try to play in the epicenter of that circle. So if you look at a business and you say, I'm not sure about this, I don't understand this, or whatever, be a harsh grader and get rid of it. focus on the most obvious stuff.
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