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Mohnish Pabrai Q&A at Harvard Business School Investment Conference - April 4, 2022

Chai with Pabrai

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Navigating Investment Philosophy

This chapter explores a transformative investment in Fiat Chrysler, challenging traditional views on the auto industry. It contrasts classical value investing principles from Ben Graham with a modern focus on holding superior businesses, even when overpriced. By examining the intersection of value and growth investing, the chapter highlights real-world challenges in estimating intrinsic value and future cash flows.

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