Mohnish Pabrai's Q&A with members of the Finance and Investment Cell at SRCC, Delhi on June 14, 2023
Chai with Pabrai
The Importance of Jugard in Entrepreneurship
In investing, what is really important is that we started a very large data set. What you need to end up with is two, three, four factors that are etched in your brain and why those factors are going to drive outcome. So even when we do all of that, because business is uncertain, we may have 30, 40, 50 percent of the time that we're just wrong. And that's okay. You know, we learn and keep moving on. But if you're right half the time and hang on and so on, life will end up,. I mean, the end result will be just fine. No issues.
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