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Mohnish Pabrai Lecture at Boston College (Carroll School of Mgmt) - Nov 30, 2017
Chai with Pabrai
Compounding - A Fun Game
i was very intrigued by both his approach to investing and his intensity on compounding. And i said, you now, ther this compounding game looks like a very fun game, and it can be a very profitable game. So I decided to put the million dollars in my bank account onto the buffet compounding engine. That money had gone more than ten eks in five years. 26 % doubles every three years, and we, again, get to my favourite number through the power of ten, and the million becomes a billion. The best part of the billion is i can do this while keep keeping my day job,. You know, keep running my company, but i can try to see
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